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Under prefect competition the seller is price taker .how?
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Under prefect competition the seller is price taker .how?
When no. of seller increase supply increase but price not change due to increase in supply .price are decide by industry not by any firm any seller nor by any purchaser
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Under prefect competition the seller is price taker .how?
In case of perfect competition there are lot of buyers nd lot of sellers that means there is no monopoly for eg if there are few buyer and lot of seller buyer can decide price and similarly if there are lot of buyer and less seller seller can decide price in casenof perfect competition there are abundance of buyer and seller so price is decided by industry as if some seller try to sell at higher price buyer have other options and if a buyer demand goods at lower price seller has other buyers
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Under prefect competition the seller is price taker .how?
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Under prefect competition the seller is price taker .how? for Commerce 2025 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Under prefect competition the seller is price taker .how? covers all topics & solutions for Commerce 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Under prefect competition the seller is price taker .how?.
Under prefect competition the seller is price taker .how? for Commerce 2025 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Under prefect competition the seller is price taker .how? covers all topics & solutions for Commerce 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Under prefect competition the seller is price taker .how?.
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