No products in the cart.

How prefect competitive market price taker

CBSE, JEE, NEET, CUET

CBSE, JEE, NEET, CUET

Question Bank, Mock Tests, Exam Papers

NCERT Solutions, Sample Papers, Notes, Videos

How prefect competitive market price taker

Posted by Sanya Rai 7 years, 4 months ago

CBSE > Class 12 > Economics

1 answers

Shivangi Goel 7 years, 4 months ago

Perfect competative market is a price taker , not a price maker..... Because..... In this market there is no control of sellers over price and prices are determined by the market forces demand and supply they can't be changed according to seller's choice.... Thus, every seller is forced to charge the exact same price.....And due to this the demand curve of this market is perfectly elastic....

ANSWER

https://examin8.com

Test

Related Questions

Is inclusive growth Achievable for a developing country like India when exposed to the process of privatisation and globalization

Posted by Niangmuankim Vaiphei 1 year, 6 months ago

CBSE > Class 12 > Economics

0 answers

Industrial licensing was used to promote regional equality. Discuss

Posted by Niyati Garg 1 year, 5 months ago

CBSE > Class 12 > Economics

0 answers

What is deficit ?

Posted by Sakshi Singh 5 months, 3 weeks ago

CBSE > Class 12 > Economics

1 answers

Trends in credit availability

Posted by Shruti Singh 1 year, 6 months ago

CBSE > Class 12 > Economics

0 answers

Two types of marke diagram and explanation

Posted by Rijum Karlo 1 year, 6 months ago

CBSE > Class 12 > Economics

0 answers

Economics project on function of RBI

Posted by Mehar Ansari 1 year, 6 months ago

CBSE > Class 12 > Economics

0 answers

Economic Reforms Since 1991 notes

Posted by Dipika Sharma 1 year, 6 months ago

CBSE > Class 12 > Economics

0 answers

why should the aggregate final expenditure of an economy be equal to the aggregate factor payment

Posted by Nandita Sharma 1 year, 6 months ago

CBSE > Class 12 > Economics

1 answers

What is receipt?

Posted by Geeta Gautam 1 year, 5 months ago

CBSE > Class 12 > Economics

0 answers

Explain the limitation of GDP as wellfare

Posted by Naman Jain 1 year, 5 months ago

CBSE > Class 12 > Economics

1 answers

myCBSEguide App

myCBSEguide

Trusted by 1 Crore+ Students

Test Generator

Test Generator

Create papers online. It's FREE.

CUET Mock Tests

CUET Mock Tests

75,000+ questions to practice only on myCBSEguide app

Google Play

Download myCBSEguide App