Main Market forms | Perfect competition | Chapter 10 | Micro economics | One shot

[@waqaryounasvlogs6052]

Elements of Market
1) Area
2) Buyer & Sellers
3) Commodity
4) Competition
Forms of Market
1) Perfect Competition
2) Imperfect Competition
•Monopoly
•Monopolistic Competition
•Oligopoly
•Duopoly
Functions of Perfect Competition
• Very Large Numbers Of Buyers and Salers
• Homogeneous Product
• Freedom of Entry and Exit
• Perfect Knowledge Among Buyers and Sellers
• Absence of Transportation And Selling Costs

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Thank you brother

[@binodgope2558]

In my syllabus classification of market ( on the basis of competition) is - Perfect Competition, Zero Competition (Monopoly), Imperfect Competition ( Monopolistic Competition) and Oligopoly. Raise hand those who have same syllabus in board 2024😊😊🎉🙃

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My cbcs

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Hey, could u plzz tell me is this for 11th or 12th.??

[@rsgamingofficial.]

@@crazy_fandom5195 11th

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@@crazy_fandom5195 Micro economics is the subject of class 11th but in Mp board ,it is the subject of class 12th , it is for both class

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@@gamingwithdhruv4704 ohh actually, according to CBSE..micro economics is for class 11th ..so I got confused !!

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@@crazy_fandom5195 earlier Micro economics was for class 12th, but now it's for 11th, however it doesn't matter as the syllabus remains the same:⁠-⁠)

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[@h-himanshisharma5711]

Will we need information of these chapters till our graduation

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@@h-himanshisharma5711 not exactly but yes need things like laws of demand supply etc

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In my syllabus there is monopoly, monopolistic and oligopoly 🥲

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​@@Ar020s which board

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[@kathirsolaiappan5591]

7:40 sir an example of such homogeneous perfect competition might be the Karol Bagh auto market in Delhi

[@stutisingh3287]

Can u elaborate...how?

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They just didn't exist IRL 😐

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For Kind Information (Firm means Seller). 21:19
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Sir we have perfect competition as well as imperfect competition in our syllabus.......

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sir i think homogeneous products exist in the market as we get to see the chips in every rashan store.....???????

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Kya bhondu hai
Chips different companies banati hai
Different ingredients istmal karti hai
Prices alag hote hai quantity alag hota hai

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sir where is difference between excess demand and excess supply ???
and price ceiling and price floor ???

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I have a own and personal bullet train

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I like the way how u say chintu chinti sir 😂enjoying that part pure competition= chintu😂😁

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🤣😂😂😊

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Aapki videos ke kaaran,
accounts 97
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economics 97
Ho paye sir.

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did you study from any other books except the ones used in school?

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tusii great ho...