In a Perfect competitive market / » Micro economics 2 solved MCQs / By admin Question: In a Perfect competitive market A. Firm is the price giver and the industry is a price taker B. Firm is the price taker and the industry is a price giver C. Both are price makers D. Both are price takers Answer» b. Firm is the price taker and the industry is a price giver Note: The above multiple-choice question is for all general and Competitive Exams in India.
