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प्रश्न
Which of the following statement is true about perfect competition?
पर्याय
There is no mobility of factors of production
There is a presence of transportation cost
There is no selling cost
There is no uniform price
MCQ
उत्तर
There is no selling cost
Explanation:
The expense of advertising items is known as the selling cost. Because buyers and sellers have perfect knowledge of each other, selling costs are zero in perfect competition. Because the items are homogeneous and can be used interchangeably.
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