Why in case of perfect competition …
CBSE, JEE, NEET, CUET
Question Bank, Mock Tests, Exam Papers
NCERT Solutions, Sample Papers, Notes, Videos
Posted by Rajni Sharma 7 years, 7 months ago
- 1 answers
Test
Related Questions
Posted by Niyati Garg 1 year, 5 months ago
- 0 answers
Posted by Rijum Karlo 1 year, 6 months ago
- 0 answers
Posted by Nandita Sharma 1 year, 6 months ago
- 1 answers
Posted by Sakshi Singh 5 months, 3 weeks ago
- 1 answers
Posted by Naman Jain 1 year, 5 months ago
- 1 answers
Posted by Shruti Singh 1 year, 6 months ago
- 0 answers
Posted by Mehar Ansari 1 year, 6 months ago
- 0 answers
Posted by Dipika Sharma 1 year, 6 months ago
- 0 answers
myCBSEguide
Trusted by 1 Crore+ Students
Test Generator
Create papers online. It's FREE.
CUET Mock Tests
75,000+ questions to practice only on myCBSEguide app
Sonali Aggarwal 7 years, 7 months ago
Under perfect competition, an individual firm cannot influence the price on its own as it's share in total market supply is negligible. Firm is price taker as price is determined by the industry.When price remains the same at all levels of output, then marginal revenue is constant (even at zero level of output).
1Thank You