Home
Class 11
ECONOMICS
There is no difference between a firm an...

There is no difference between a firm and an industry in :

A

perfect competition

B

monopoly

C

monopolistic competition

D

oligopoly.

Text Solution

Verified by Experts

The correct Answer is:
D
Promotional Banner

Topper's Solved these Questions

  • FORMS OF MARKET AND PRICE DETERMINATION UNDER PERFECT COMPETITION WITH SIMPLE APPLICATIONS

    RADHA BHUGANA|Exercise OBJECTIVE TYPE QUESTIONS|4 Videos

  • FORMS OF MARKET AND PRICE DETERMINATION UNDER PERFECT COMPETITION WITH SIMPLE APPLICATIONS

    RADHA BHUGANA|Exercise CONCEPTUAL QUESTIONS|8 Videos

  • ELASTICITY OF DEMAND

    RADHA BHUGANA|Exercise Unsolved Numericals|24 Videos

  • INTRODUCTION

    RADHA BHUGANA|Exercise Unsolved Numericals|4 Videos

Similar Questions

Explore conceptually related problems

Give one difference textile and steel industries.

The pie chart represent the distribution of cost of production of a firm in different purpose. Total cost of production of firm is Rs.720 lakh. A = Cost of raw materials B = Cost of packing materials C = Cost of labour D = Maintenance cost Find the difference between Maintenance cost and raw materials.

What is the difference between small-scale enterprise and cottage industry ?

Present the following data by a devidation bar diagram showning the difference between sale proceeds and cost of a firm