In the market period, price determination in the case of a perishable commodity is influenced by its

Related MCQs

• Given the supply of a commodity, in the market period, the price of a commodity is determined by
• The importance of time element in price determination was firstly analyzed by
• Assertion (A) Many oligopolistic industries exhibit an appreciable degree of Price rigidity or stabilityReason (R) Oligopolists face a demand curve that is highly elastic for price increases and less elastic for price reductions
• In the market period, market supply curve is
• If the monopolist faces identical demand for his commodity in the two separate markets, by practicing third degree price discrimination
• The price of a commodity under the perfect competition is determined by:
• Perfect competition is a market situation under which a commodity is sold at:
• In the case of price leadership by the dominant firm all the firms in the purely oligopolistic industry will produce their best level of output
• If the hourly wage is Rs.10, and the firm produces 5 additional units of the commodity with an additional hour of labour time, then marginal cost is
• Monopolistic competitive firm fixes the price of its product