A large inercase in the production of food grains offer independent is called______________.
Green revolution
Operation flood
Brown revolution
None of these
In perfect competition, prices are determined by ______________________
Single firm
Two firm
Three firms
Industry
________________is one of the status which succesfully implemented land reforms.
Bihar
Punjab
U.P
Kerala
Larger is the number of sellers ________________ would be the power of the firm to influence the price.
Smaller
Larger
Constant
Goods market is where _______________ sold.
Only good
Only services
Goods and services
Which one is not the characteristics features of perfect competition?
large number of firms
Homogenous products
Individual firm influences price
Individual cannot influence price
Market needs to exist in some geographical place. This statement is.
Absolutely true
Absolutely false
Only partially correct
Available information is incomplete
Perfect competition is characterized by ___________________
Large number of firms
Homogenous product
Individual firm can't influences price
All of these
Closed entry is the features of _______________ markets.
Monopolistic competition
Perfect competition
both a and b
Monopoly
Product homogeneity is a feature of _____________.
Imperfect competition