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प्रश्न
Point out the essential features of pure competition.
टीपा लिहा
उत्तर
- The absence of any monopoly element.
- There is a large buyers and sellers.
- Homogenous product and uniform price.
- Free entry and exit.
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Monopoly
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संबंधित प्रश्न
A firm under monopoly can earn ______ in the short run.
Another name of price is ______.
Perfect competition assumes ______.
Price discrimination will always lead to
In which market form, does absence of competition prevail?
Who is price-taker?
Draw demand curve of a firm for the following:
Monopoly
Mention any two types of price discrimination.
Define “Excess capacity”.
Describe the degrees of price discrimination.
Illustrate price and output determination under Monopoly.
