Question

In Which market form there is no need of selling cost ?

Answer 1

Answer:

monopoly

There are no selling costs in perfect competition as well as monopoly form of market.

Answer 2

Answer:

monopoly market

Homogeneous products are sold at a uniform price under perfect competition and monopoly product has no close substitutes in the market, thus, selling costs are not incurred by firms operating in perfect competition and monopoly market.

Explanation:

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