Gujarat BoardEnglish MediumSTD 11 CommerceEconomicsMarket1 Mark
Question
Why it has been assumed that transportation cost is zero in imperfect competition?
✓
Answer
For its simple analysis, transportation cost is not taken into account because ill perfect competition, transportation cost is a very small portion or part of total cost.
Need a full question paper?
Generate a complete, print-ready paper with questions like this in minutes — across 16+ boards, with answer keys.