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प्रश्न
In which market form, marginal revenue is equal to price?
पर्याय
Monopoly
Oligopoly
Perfect Competition
Monopolistic Competition
उत्तर
Perfect Competition
APPEARS IN
संबंधित प्रश्न
What is perfect competition? Explain the concept and its features.
Complete the Correlation:
Price taker : ______ :: Price maker :: Monopoly.
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:
With reference to Perfect competition form of market, choose the odd one out.
In perfect competition the sellers are selling ______ products.
Homogeneous product is a feature of this market.
- Monopoly
- Monopolistic competition
- Perfect competition
- Oligopoly
______ goods refer to those products which are identical in quality, shape, size, color, etc.
In which market form is the firm a price taker?
