CBSE Class 12-commerce Answered
What is a perfectly competitive market?
Asked by Topperlearning User | 25 Apr, 2016, 02:51: PM
Expert Answer
i. A perfectly competitive market is a market which consists of buyers and sellers.
ii. They produce a homogeneous product.
iii. Buyers and sellers in the market are price-taker.
Answered by | 25 Apr, 2016, 04:51: PM
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ANSWERED BY EXPERT
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ANSWERED BY EXPERT
CBSE 12-commerce - Microeconomics
Asked by Topperlearning User | 25 Apr, 2016, 02:51: PM
ANSWERED BY EXPERT
CBSE 12-commerce - Microeconomics
Asked by Topperlearning User | 25 Apr, 2016, 02:51: PM
ANSWERED BY EXPERT
CBSE 12-commerce - Microeconomics
Asked by Topperlearning User | 25 Apr, 2016, 02:51: PM
ANSWERED BY EXPERT
CBSE 12-commerce - Microeconomics
Asked by Topperlearning User | 25 Apr, 2016, 02:51: PM
ANSWERED BY EXPERT