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Tamil Nadu Board of Secondary EducationHSC Commerce Class 11

Perfect competition assumes ______. - Economics

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Question

Perfect competition assumes ______.

Options

  • Luxury goods

  • Producer goods

  • Differentiated goods

  • Homogeneous goods

MCQ
Fill in the Blanks

Solution

Perfect competition assumes Homogeneous goods.

shaalaa.com
Monopoly
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Chapter 5: Market Structure and Pricing - Model Questions - Part A [Page 117]

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Samacheer Kalvi Economics [English] Class 11 TN Board
Chapter 5 Market Structure and Pricing
Model Questions - Part A | Q 10 | Page 117
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