In a perfect competition, the market price is determined ...
In a perfect competition, the market price is determined by_______
The government
The producer
The consumer
The market supply and demand junctions
Correct answer is D
Since the buyers or sellers cannot influence the price of goods and services. The Demand and Supply determined the price the firm can sell any quantity it wishes.
A market situation with few sellers and many buyers is called ...
Rents and interest are rewards to ...
The demand for two or more commodities to satisfy a particular want is _____? ...
Individual markets differ from each other according to ...
Indigenization policy is a measure aimed at ...
Long-run in economic mean a period of time in which ...
In order to increase revenue, government should tax commodities for which demand is ...
The financial institution that specializes in risk spreading is called ...
Effective demand for a commodity is desire for that commodity backed by______ ...