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SK AGGARWALA-OTHER FORMS OF MARKET-UNIT-4
- In a commodity market excess demand exists when :
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- When actual price of a commodity is less than equilibrium price, its p...
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- Homogeneous products' is a characteristic of :
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- There is inverse realtion between price and demand for the product of ...
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- Differentiated product' is a characteristic of :
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- Demand curve of a firm is perfectly elastic under :
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- A few big sellers' is a chararteristics of :
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- Marginal revenue of a firm is constant throughout under :
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