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प्रश्न
A differentiated product has ______.
विकल्प
Many perfect substitutes
No close substitutes
Close but not perfect substitute
No substitute of any kind
उत्तर
A differentiated product has close but not perfect substitute.
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संबंधित प्रश्न
What is perfect competition? Explain the concept and its features.
Homogeneous product is a feature of this market.
- Monopoly
- Monopolistic competition
- Perfect competition
- Oligopoly
Homogeneous product is a feature of this market.
- Monopoly
- Monopolistic competition
- Perfect competition
- Oligopoly
Find the odd word out:
Features of perfect competition:
Homogeneous product is a feature of this market.
- Monopoly
- Monopolistic competition
- Perfect competition
- Oligopoly
Homogeneous product is a feature of this market.
- Monopoly
- Monopolistic competition
- Perfect competition
- Oligopoly
In perfect competition the sellers are selling ______ products.
In which market form, marginal revenue is equal to price?
______ is essential for a market to be called as perfect competition.
In which market form are goods sold at a uniform price?
