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Q. Which one of the following is a feature of a perfect competition?

Q. The rate at which the commercial banks borrow from the Reserve Bank of India is called as

Q. In the case of a perfectly competitive firm, the demand curve for product is

Q. ________ means transformation of physical inputs into output.

Q. When the price elasticity of demand is equal to one, the demand curve is

Q. The additional cost incurred to produce an additional unit of output is _______

Q. Which of the following does not characterize monopolistic competition?

Q. All the factors of production become variable in the

Q. The total ___________ curve will be a horizontal line.

Q. _________ goods are known as scarce goods.