The demand curve of a firm under perfect competition is :

Related MCQs

• Under monopolistic competition, an increase in the number of firms producing close substitutes will make the demand curve of each firm
• Under monopolistic competition, the demand curve of the product of an individual firm depends on the nature and prices of close substitutes
• Average revenue curve under perfect competition is
• Marginal revenue curve under perfect competition is
• A firm under Perfect Competition is a:
• 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
• Perfect competition is a market situation under which a commodity is sold at:
• The price of a commodity under the perfect competition is determined by: