Economy, asked by farooksabuwala7, 5 months ago

Under which competition price is constant at all level of output sold

Answers

Answered by nehabhosale454

34

Answer:

Perfect Competition

ADVERTISEMENTS: The relationship between different revenue concepts can be discussed under two situations: (i) When Price remains Constant (It happens under Perfect Competition). In this situation, firm has to accept the same price as determined by the industry.

Explanation:

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