मराठी

A seller cannot influence the market price under: - Economic Applications

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प्रश्न

A seller cannot influence the market price under:

पर्याय

  • Perfect competition

  • Monopoly

  • Monopolistic competition

  • All the above

MCQ

उत्तर

Perfect competition

Explanation:

Under perfect competition, a seller cannot affect market price because there are many buyers and sellers, and each firm is a price taker. The market price is decided by the entire supply and demand in the market, and individual businesses must accept it for their goods.

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