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प्रश्न
Draw demand curve of a firm for the following:
Perfect Competition
उत्तर
Under perfect competition, as uniform price prevails AR = MR and the demand curve (AR) is horizontal to X-axis.
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संबंधित प्रश्न
Equilibrium condition of a firm is ______.
There is no excess capacity under ______.
In which type of market, AR, and MR are equal ______.
In monopoly, MR curve lies below ______.
The average revenue curve under monopolistic competition will be ______.
Under perfect competition, the shape of demand curve of a firm is ______.
Specify the nature of entry of competitors in perfect competition and monopoly.
Mention the similarities between perfect competition and monopolistic competition.
Bring out the features of perfect competition.
How price and output are determined under the 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
Homogeneous product is a feature of this market.
- Monopoly
- Monopolistic competition
- Perfect competition
- Oligopoly
