In a perfect competition, the market price is determined ...
In a perfect competition, the market price is determined by_______
The government
The producer
The consumer
The market supply and demand junctions
Correct answer is D
Since the buyers or sellers cannot influence the price of goods and services. The Demand and Supply determined the price the firm can sell any quantity it wishes.
The mobility of labour is mainly determined by ...
The purchasing power of money depends upon the__________ ...
One of the functions money is that, it helps ...
The three groups of government revenue are ...
In most developing countries, a large percentage of the labour force is engaged in ...
Division of labour requires that, the tasks in a production line be performed ...
Individual markets differ from each other according to ...
A major characteristic of a mixed economy is that ...
The reduction of high fertility rate is a measure in population control designed to make the ...