what is the difference bitween monopolic competition and
under perfect competition

Answer Posted / kalyan

Under monopolic competetion only one seller exist with the
unique product to sell, without any competetion to that
particular product. He dominates the price factor.

Perfect competetion many sellers exist.

Is This Answer Correct ?    4 Yes 1 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Why was it important to resolve the issue?

656


Give a relationship between concept, Hypothesis and Theory. What are the Salient features and classifications?

1759


Whether BOM is required even if SION is fixed for any particular product while preparing Advance Authorization?

1601


Research serves a single purpose that of providing information to assist marketing manager to make better decisions? Elaborate this statement.

1420


Who has authored the book' caesar and cleopatra'

1494






How did you define service levels?

703


please give information about Aviation Management course

1467


What is the scope of MBA (International Business). Basically I am B.sc (Chemistry). I have finished MBA(IB) 2010. Anybody please guide me to improve my career.

1388


Why dont you sit for any professional languas test?

1627


what is duty and responsiblity of hotel manager?

1811


what change management process have you used to ensure that change is introduced properly

2506


what is the role f financial analyst????

2191


Give a relationship between concept, hypothesis and theory. What are the salient features and calssifications?

1770


What would you do if your business tends to decline?

1590


Difference between traditional and old concept of marketing?

1285