CameraIcon
CameraIcon
SearchIcon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

Perfect competition is equal to pure competition.

A
True
No worries! We‘ve got your back. Try BYJU‘S free classes today!
B
False
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
Open in App
Solution

The correct option is B False
False.

Perfect competition is a type of market where there are large number of buyers and sellers who deals in homogeneous product due to which every seller has the same type of product which is identical in nature which makes ir perfectly competitive which is pure in nature.


flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Market Failures!
ECONOMICS
Watch in App
Join BYJU'S Learning Program
CrossIcon