In which market, the sellers are selling homogenous producers?
Answers
Answered by
3
Answer:
Perfect competition.......
Answered by
0
Answer:
the correct answer..mark me brain least
Perfect competition is a type of market where there are large number of buyers and sellers who deals in homogeneous product due to which no individual unit is able to influence the price of the product and the firms have to quote the price that prevails in the market because of the customer's knowledge about the price.
Similar questions
Computer Science,
3 months ago
Computer Science,
3 months ago
English,
3 months ago
Math,
7 months ago
Math,
1 year ago
Physics,
1 year ago