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प्रश्न
Read the following statements carefully and choose the correct alternative:
Assertion (A): Buyers are ready to pay different prices for the product produced by different firms under perfect competition.
Reason (R): The products offered for sale in the perfect market are homogeneous.
पर्याय
Both Asse1iion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A).
Both Assertion (A) and Reason (R) are true and Reason (R) is not the correct explanation of Assertion (A).
Assertion (A) is true but Reason (R) is false.
Assertion (A) is false but Reason (R) is true.
उत्तर
Assertion (A) is false but Reason (R) is true.
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संबंधित प्रश्न
Discuss any two features of a monopolistically competitive market.
Differentiated products is a characteristic of ______.
Pick the option which does not belong to the group.
Which of the following is the least competitive market?
Identify the market form of the following:
Goods sold are homogeneous.
Name the market in which there is a single buyer and many sellers.
Define monopoly.
With the help of an example explain the meaning of price discrimination.
Give two examples of monopolistically competitive market.
Identify the market form from the following.
Perfect knowledge
