Price Determination under perfect Competition

What do you mean by equilibrium and equilibrium price ? Explain determination of price under perfect competition . Use diagram.

Explain the determination of price under perfect competition with the help of a schedule and a diagram.

Explain the determination of equilibrium price and under perfect competition with the help of a schedule (Diagram nor required).

Draw AR curve under perfect competition.

Distinguish between behaviour of average revenue of a firm under monopolistic competition and perfect competition. Use diagram.