Q. Monopolistic competition is different from perfect competition mainly because

View solution

Q. No entrance and way out obstacle creates it exceptionally simple to enter or exit a

View solution

Q. An industry appears closest to perfect competition

View solution

Q. Economic returns are normally

View solution

Q. Marginal proceeds are equivalent to price for which one of following kinds of market structure

View solution

Q. Completely competitive market exists when each member is a

View solution

Q. A firm in a entirely competitive industry has

View solution

Q. Short run supply curve for a perfectly competitive firm is marginal cost curve at and over the

View solution

Q. Point where market demands will be same to market supply

View solution

Q. A absolutely competitive industry has a

View solution

Q. In perfect competition, every profit-exploiting manufacturer looks a market price identical to it's

View solution

Q. Buyers competent of making realistic purchases based on information given are

View solution

Q. In a perfectly competitive market, a company demand curve is

View solution

Q. In distinguish to a monopoly or oligopoly, it is impractical for a company in perfect competition to produce economic profit in the

View solution

Q. All customers and manufacturers are supposed to have ideal knowledge of price, usefulness, worth and manufacturing ways of products are

View solution

Q. Markets such that no contributors are great adequate to have market authority to put prices of a uniform product are

View solution

Q. In monopolistic competition, companies attain some level of market power

View solution

Q. A price- and quantity-fixing accord is well-known as

View solution

Q. Each of following are means monopolistically competitive companies distinguish their commodities EXCEPT

View solution

Q. Supply curve for a ideal competitor is its

View solution