Advertisements
Advertisements
प्रश्न
In which market form are goods sold at a uniform price?
उत्तर
Perfect competition
APPEARS IN
संबंधित प्रश्न
What is perfect competition? Explain the concept and its features.
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
State with reason whether you agree or disagree with the following statement:
The seller is a price taker in perfect competition.
Homogeneous product is a feature of this market.
- Monopoly
- Monopolistic competition
- Perfect competition
- Oligopoly
Homogeneous product is a feature of this market.
- Monopoly
- Monopolistic competition
- Perfect competition
- Oligopoly
______ is relevant to perfect competition.
Homogeneous products are sold under ______.
A differentiated product has ______.
______ goods refer to those products which are identical in quality, shape, size, color, etc.
