Vidyalelo
Commerce · Q1249

Economics

Graduate and Post Graduate · Commerce · question 1249

Q1249

Which of the following statement is incorrect?

A.
Even monopolistic can earn losses
B.
Firms in a perfectly competitive market are price takers
C.
Itis always beneficial for a firm in a perfectly competitive market to discriminate prices
Answer
D.
Kinked demand curve is related to an oligopolistic market

Answer: Option C

Solution

Answer: Option C
No explanation is given for this question Let's Discuss on Board