Which of the following features are absent in pure competition? (a) Large number of buyers and… 1 answer below »


Which of the aftercited features are lukewarm in immaculate race?

(a) Large sum of buyers and sellers,

(b) Loose record and loose debouchure,

(c) Faultless conversance,

(d) Faultless mobility,

(e) Absence of accompliceship.

For a robust subordinate faultless race the ‘shut-down’ object falls subordinate which of the aftercited provisions?

(a) any where adown SAC,

(b) where SMC = SAVC = P,

(c) where SMC = SAC, or

(d) where SAC = SAVC.