Q.

Which of the following is true under perfect competition:

A Any firm can influence supply in the market
B Any firm can influence price in the market
C Any firm can influence price and supply in the market
D No firm can influence price and supply in the market
Answer & Explanation
Option: [D]

Read More Economics Solved Questions

Random GK Questions

A Humayun’s tomb
B Akbar’s tomb
C Jahangir’s tomb
D Bibi-ka-maqbara

View Answer

A Doctrine of Territorial Nexus
B Doctrine of Colourable Legislation
C Doctrine of Eclipse
D Doctrine of Pith and Substance

View Answer

A Section 2 of CPC
B Section 6 of CPC
C Section 9 of CPC
D Section 15 of CPC

View Answer

A It is included in the II Schedule of Banking Regulation Act.
B It is included in the II Schedule of Constitution
C It is included in the II Schedule of Reserve Bank of India Act
D None of these above

View Answer

Your Valuable Comments Please...

Important EBooks for Competitive Exams

VIEW ALL