Question

what is the transport cost in perfect competition?​

Answer 1

Answer:

Under the perfect competition the transportation cost is cosidered to be negligible and thus, ignored. Perfect competition is a form of the market in which there is a large number of buyers and sellers and where homogeneous product is sold at a uniform price.

Explanation:

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Answer 2

Answer:

Under the perfect competition the transportation cost is considered to be negligible and thus, ignored. Perfect competition is a form of the market in which there is a large number of buyers and sellers and where homogeneous product is sold at a uniform price.

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