Economy, asked by nehatomar5845, 1 year ago

What is free entry and exit feature of perfect competition?

Answers

Answered by durgesh221

4

actually free entry and exit process in involve in perfect competition market ... to understand it more clearly let us take an example , in the case of tourism sector of bus we see that any one can start a bus transportation bussiness and also can shut his business down when he want... so I think it is enough to solve your this query.

Previous Question

Next Question

Similar questions

Computer Science, 7 months ago

it cancels the last action...

Math, 7 months ago

If 1A2B5 is exactly divisible by 9, then the (A+B) is:...

Math, 7 months ago

रहिम की यात्रा रहीम को अपने स्कूल पहुँचने के लिए 1 किलोमीटर सफर करना पड़ता है। उसे स्कूल जाने और वहां से घर आले में कुल कितनी दूरी तय करानी बाड़ती है।...

Business Studies, 1 year ago

What is indias pisitions with regards to manufacturing and consumption of steel and iron?

Math, 1 year ago

On her deathbed, a grand mother called upon his three grand sons and told them to distribute all her assets worth Rs. 52,500 in the ratio of 1/35 : 1/21 : 1/15 amongst themselves. Find the smallest share amongst the three portions ? A) Rs. 5422 B) Rs. 10,500 C) Rs. 12,800 D) Rs. 15,000...

English, 1 year ago

The ending of the story what was daramatic .Do you tnk bholi's decision not to marry Bishambar makes her an outcase or is it an assertion of her being an individual and a woman of substance?

English, 1 year ago

What moral do be learn from the Enchanted pool?

English, 1 year ago

Fill in the blanks with nouns that match The adjectives. A______________________________ is scary. A_______________________________Is scarier. A______________________________is the scariest. You can do it like this :- A piece of cake Is good. A Big piece of cake Is better. A Big piece of cake with chocolate icing Is the best.