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प्रश्न
Selling costs are absent in perfect competition market.
पर्याय
True
False
MCQ
चूक किंवा बरोबर
उत्तर
This statement is True.
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Forms of Market Structure
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संबंधित प्रश्न
Following is the feature of perfect competition:
A seller cannot influence the market price under:
Imperfect knowledge is a characteristic feature of:
Match the following:
| Column I | Column II | ||
| A. | Demand curve under perfect competition | (i) | Indeterminate demand curve |
| B. | Demand curve under monopoly | (ii) | Downward sloping but less elastic |
| C. | Demand curve under monopolistic competition | (iii) | Horizontal straight line |
| D. | Demand curve under oligopoly | (iv) | Elastic demand curve |
Read the following statements carefully and choose the correct alternative:
Assertion (A): Under Perfect Competition, each firm faces a perfectly elastic demand curve.
Reason (R): Firm is a price maker under perfect competition.
What is meant by oligopoly?
What is meant by product differentiation?
Product differentiation is practised in monopolistic competition? Give reasons.
What is meant by barriers to entry?
Identify the market form from the following.
Price discrimination
