CBSE Class 12-commerce Answered
Compare the competitive behaviour with competitive
structure.
Asked by Topperlearning User | 26 Apr, 2016, 07:47: AM
Expert Answer
Competitive behaviour refers to a situation when the producers compete with each other to increase their share in the market.
Competitive market structure is where there are a large number of sellers selling product. In a situation of perfect competition, there is no competitive behaviour of the producers to increase their share in the market. Each producer can sell any quantity of good that he wants to sell at a given market price.
Answered by | 26 Apr, 2016, 09:47: AM
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ANSWERED BY EXPERT
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Asked by Topperlearning User | 26 Apr, 2016, 07:47: AM
ANSWERED BY EXPERT
CBSE 12-commerce - Microeconomics
Asked by Topperlearning User | 26 Apr, 2016, 07:47: AM
ANSWERED BY EXPERT
CBSE 12-commerce - Microeconomics
Asked by Topperlearning User | 26 Apr, 2016, 07:47: AM
ANSWERED BY EXPERT
CBSE 12-commerce - Microeconomics
Asked by Topperlearning User | 26 Apr, 2016, 07:47: AM
ANSWERED BY EXPERT