MARKET STRUCTURE
INTRODUCTION:-
The knowledge of market structure in which various firm operate helps to understand how the firm decides the quantity of the product and price the firm has to fix in order to achieve maximization of profit.the objective of the firms and industry which comprises of large numbers of firms which produce the same product,is maximization of profit,besides sales and growth of firm.the price decision is based on basis principles of market i.e. demand and supply through equilibrium of the firm.
its good
ReplyDelete