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Price Determination under Perfect Competition | Markets | Economics

Perfect competition is defined as a market situation where there are a large number of sellers of a homogeneous product. An individual firm supplies a very small portion of the total output and is not powerful enough to exert an influence on the market price. A single buyer, however large, is not in a position […]

Essay on Perfect Competition | Hindi | Market Structure | Economics

Here is an essay on ‘Perfect Competition’ especially written for school and college students in Hindi language. Essay # 1. प्रारम्भिक (Introduction to Perfect Competition): पूर्ण प्रतियोगिता बाजार की वह स्थिति होती है जिसमें एकसमान वस्तु (Homogeneous Product) के बहुत अधिक क्रेता एवं विक्रेता होते हैं । क्रेता- विक्रेताओं की बड़ी संख्या होने के कारण […]

Equilibrium of a Firm in Perfect Competition | Hindi | Markets | Economics

Read this article in Hindi to learn about the short-term and long-term equilibrium of a firm in perfect competition. A. अल्पकाल में पूर्ण प्रतियोगी फर्म का सन्तुलन (Short-Term Equilibrium of Perfectly Competitive Firm): हम यह अध्ययन कर चुके हैं कि अल्पकाल वह समयावधि है जिसमें उत्पत्ति के समस्त साधनों को परिवर्तित नहीं किया जा सकता […]

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