Price-taking firms i.e., firms that operate in a perfectly competitive market, are said to be 'small' relative to the market. Which of the following best describes this smallness?

A The individual firm must have fewer than 10 employees
B The individual firm faces a downward-sloping demand curve
C The individual firm has assets less than Rs. 20 lakhs
D The individual firm is unable to affect market price through its output decisions

Correct Answer: The individual firm is unable to affect market price through its output decisions

The individual firm is unable to affect market price through its output decisions best describes this smallness.
Bissoy MCQ
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নিচের কোন অনুমানটি পূর্ণ প্রতিযোগিতামূলক বাজারের সাথে সামঞ্জস্যপূর্ণ নয়? (Which one of the following assumptions is not consistent with the perfectly competitive market structure?)
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C ক্রেতা এবং বিক্রেতাদের কাছে দ্রব্যের দাম এবং গুণমান সম্পর্কে সমস্ত তথ্য রয়েছে (Buyers and sellers have all relevant information about prices and product quality)
D একটি ফার্মের পক্ষে শিল্পে প্রবেশ করা অত্যন্ত কঠিন (It is extremely difficult for a firm to enter the industry.)
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B মোট আয় (TR)
C গড় ব্যয় (AC)
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A (MR
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C MR=MC
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