Under perfect market conditions mobility of resources and products are
A) Ensured
B) Not ensured
C) Not considered
D) None of the above
Correct Answer:
Verified
Q5: Individual firm has no control on the
Q6: In a Perfect competitive market
A)Firm is the
Q7: One of the essential conditions of perfect
Q8: Under perfect market conditions the individual firm
Q9: The condition of short run equilibrium under
Q11: A firm under perfect competitions shall be
Q12: Cross elasticity of demand under Perfect competition
Q13: Which of the following is not a
Q14: If a firm sells its output on
Q15: A perfectly competitive firm should reduce output
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