Advertisements
Advertisements
प्रश्न
Firms under ______ are free to enter or leave the industry any time.
विकल्प
Perfect competition
Pure oligopoly
Oligopoly
Monopoly
उत्तर
Firms under perfect competition are free to enter or leave the industry any time.
APPEARS IN
संबंधित प्रश्न
Assertion (A): In perfect competition, price is determined by the forces of demand and supply.
Reasoning (R): The number of buyers and sellers is so large that one person can not influences prices.
Homogeneous product is a feature of this market.
- Monopoly
- Monopolistic competition
- Perfect competition
- Oligopoly
Find the odd word out:
Features of perfect competition:
State with reason whether you agree or disagree with the following statement:
The seller is a price taker in perfect competition.
In perfect competition the sellers are selling ______ products.
Homogeneous product is a feature of this market.
- Monopoly
- Monopolistic competition
- Perfect competition
- Oligopoly
In which market form, marginal revenue is equal to price?
Homogeneous products are sold under ______.
______ is essential for a market to be called as perfect competition.
In which market form are goods sold at a uniform price?
