Economy, asked by shreyaram8913, 11 months ago

Which of the following statements is incorrect?
(a) Even monopolistic can earn losses.
(b) Firms in a perfectly competitive do not face any barrier in their entry or exit.
(c) It is always beneficial for a firm in a perfectly competitive market to discriminate price.
(d) Kinked demand curve is related to an oligopolistic market.

Answers

Answered by Anonymous

1

Which of the following statements is incorrect?

(a) Even monopolistic can earn losses.

(b) Firms in a perfectly competitive do not face any barrier in their entry or exit.

(c) It is always beneficial for a firm in a perfectly competitive market to discriminate price.

(d) Kinked demand curve is related to an oligopolistic market

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