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Explain two similarities between a Perfect market and an Imperfect market. - Economic Applications

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प्रश्न

Explain two similarities between a Perfect market and an Imperfect market.

संक्षेप में उत्तर

उत्तर

Two similarities between Perfect Market and Imperfect Market:

  1. In both the markets, the number of buyers and sellers is large.
  2. In both the market, the entry and exit of firms is free.
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  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 5: Nature and Structure of Markets - QUESTION BANK [पृष्ठ १४२]

APPEARS IN

गोयल ब्रदर्स प्रकाशन Economic Application [English] Class 10 ICSE
अध्याय 5 Nature and Structure of Markets
QUESTION BANK | Q 32. i | पृष्ठ १४२
गोयल ब्रदर्स प्रकाशन Economic Application [English] Class 10 ICSE
अध्याय 5 Nature and Structure of Markets
QUESTIONS | Q 9. i | पृष्ठ १३९
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