Which of the following conditions indicate that a good - Practice (English) | ObjectiveMcq

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Which of the following conditions indicate that a good - Practice (English) | ObjectiveMcq

PracticeBusiness ManagementMicroeconomicsWhich of the following conditions i...

Microeconomics Business ManagementEasy

800 views

Which of the following conditions indicate that a good is produced under perfect competition:

Correct Answer:

(D) individual demand is perfectly elastic

Explanation:

individual demand is perfectly elastic

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