Advertisements
Advertisements
प्रश्न
Selling costs are absent in perfect competition market.
विकल्प
True
False
उत्तर
This statement is True.
APPEARS IN
संबंधित प्रश्न
In which type of market price discrimination is practiced? Explain with an example.
Justify the following statement with any two valid arguments. 'In a perfect competition market structure, an individual firm does not have any role in determining price’.
'Homogeneous products' is a characteristic of ______.
In monopolistic competition, there are ______.
The monopolist's downward sloping demand curve means that it can increase sales only by changing a lower price.
What is meant by pure competition?
Identify the market form of the following:
Goods sold are homogeneous.
Which type of market structure is the following? Give reason.
Trucks
There is inverse relation between price and demand for the product of a firm under ______.
Why are selling costs incurred?