Multiple Choice Questions on In which of the following market forms a firm does not exercise control over price ........ for General Studies (Level 1) Preparation

Back to Main Page

Multiple Choice Questions

In which of the following market forms a firm does not exercise control over price ........

Indian Economy (Easy) Planning in India
    Download Solution PDF

    In which of the following market forms, a firm does not exercise control over price?

    Monopoly

    Incorrect Answer

    Perfect competition

    Correct Answer

    Oligopoly

    Incorrect Answer

    Monopolistic competition

    Incorrect Answer
    छोटे Courses बड़े Results
    Master Planning in India
    Prepare through Micro-courses
    Try Now
    Explanation:

    Perfect Competition is a market in which buyers and sellers are so numerous and well informed that all elements of monopoly are absent and the market price of a commodity is beyond the control of individual buyers and sellers.

    By: Amit Kumar
    ProfileResources

    Let's Discuss

    Master
    Planning in India
    With abhipedia
    Micro Courses
    Try Now
    What our students have to say
    Review on us
    Download Abhipedia Android App

    Access to prime resources

    Downlod from playstore
    download android app download android app for free