https://www.gargshashi.com/2019/10/perfect-competition.html
LINK FOR PERFECT COMPETITION
IMPORTANCE OF TIME ELEMENT IN DETERMINATION OF PRICE UNDER PERFECT
COMPETITION
BUSINESS ECONOMICS/MICRO ECONOMICS
DR SHASHI AGGARWAL
Q.
EXPLAIN THE IMPORTANCE OF TIME ELEMENTS IN
PRICE DETERMINATION UNDER PERFECT COMPETITION
- ANSWER :
INTRODUCTION TO PERFECT COMPETITION
- EXPLANATION OF
TIME PERIOD AND THEIR SIGNIFICANCE
- DETERMINATION OF PRICE UNDER VERY SHORT PERIOD AND SHORT PERIOD AND LONG PERIOD.