The market state that satisfy all the essential features of a perfect competitive market except identity of product is known as

Related MCQs

• What will happen if a firm in perfect competitive market, increase its output by 50%
• In a perfect competitive market price determines –
• Total profit of a firm in a perfect competitive market is –
• If there are 5000 customers for the product, the aggregate market demand for the product at market price `2 in the question No. 269 will be ………….
• Which of the following is/are the characteristic of a monopolistically competitive market
• In the short run if the price is above the average total cost in a monopolistic competitive market, the firm makes
• Which of these is associated with a monopolistic competitive market –
• In a competitive market ………. is the price maker
• In a competitive market ……………….. is the price taker
• Under perfect market conditions an Industry is said to be in equilibrium where