Which one of the following is a feature of a perfect competition

Related MCQs

• Perfect competition is a market situation under which a commodity is sold at:
• Which one of the following is not a feature of monopolistic competition
• Average revenue curve under perfect competition is
• Marginal revenue curve under perfect competition is
• Perfect competition prevails when the demand for the output of each producer is
• Equilibrium price is determined under perfect competition by
• The condition of equilibrium of the industry under perfect competition is
• A monopolistically competitive market is distinguished from perfect competition by the fact that
• A firm under Perfect Competition is a:
• The demand curve of a firm under perfect competition is :