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प्रश्न
What is the effect on price when a perfectly competitive firm tries to sell more?
उत्तर
It will remain constant because firm does not have any control over price, thus it can sell any quantity at a given price.
संबंधित प्रश्न
Discuss any two features of a monopolistically competitive market.
What do you mean by price discrimination?
When products are differentiated on the basis of advertisements, brand names etc., it is called as ______.
What is the shape of the demand curve faced by any monopoly firm? Support your answer with a diagram.
Following is the feature of perfect competition:
'Homogeneous products' is a characteristic of ______.
The monopolist's downward sloping demand curve means that it can increase sales only by changing a lower price.
Which of the following market types has the fewest number of firms?
Give two characteristics of perfect competition.
State the advantage of monopolistic competition over monopoly.
State the market form of the following commodity.
Fighter Aircrafts
Identify the market form for the item given below:
Homogeneous goods
In which form of market do producers and consumers have perfect knowledge about the market conditions?
Explain the main characteristics of a monopoly.
Which type of market structure is the following? Give reason.
Mobile phone services
Which type of market structure is the following? Give reason.
Ball-pen
With the help of an example explain the meaning of price discrimination.
Which market form has the least number of producers?
Identify the market form from the following.
Price discrimination
Why do producers incur high selling costs in an imperfect market?
