Economy, asked by ansh69041, 10 months ago

A firm in the imperfect competition is:
(a) Price determiner
(b) May affect the price
(c) The value is acceptable
(d) None of these

Answers

Answered by lahas3996
0

Answer:

c

Explanation:

the value is acceptable

Answered by hotelcalifornia
0

A firm in imperfect competition is a price determiner.

What are the characteristics of imperfect competition?

  • In imperfect competition, the firms charge a high price because the quality of the goods are better
  • In this market, there are barriers to enter and exit and it is very difficult for the firm to enter the market
  • The price of goods and services are regulated
  • There are fewer sellers available in this market
  • There are fewer firms present in this market

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