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Class 11 · Economics · Chapter 12
The Theory of the Firm under Perfect Competition: complete notes
Neat, exam-ready notebook-style notes for The Theory of the Firm under Perfect Competition, following your NCERT book. This chapter is part of the complete Complete Economics Notes for Class 11 (NCERT 2026-27).
What you get in the pack
- For NCERT Statistics for Economics (Class 11) and Introductory Microeconomics (2026-27 editions) - all 13 chapters of the CBSE Class 11 syllabus
- All 13 chapters complete (free updates)
- Typed concept notes with labelled diagrams, tables and formulas
- Every NCERT exercise solved in full: statistics numericals (mean, median, mode, correlation, index numbers) and microeconomics numericals and graphs
- Important exam questions (1, 3, 4 and 6 marks) fully solved for every chapter
- MCQs, Assertion-Reason, case-based questions and practice with answers
- Common mistakes, quick-revision sheets and a last-night summary for each chapter
- Print (B/W) version of every chapter for home printing
All chapters in this pack
- Statistics: Introduction
- Collection of Data
- Organisation of Data
- Presentation of Data
- Measures of Central Tendency
- Correlation
- Index Numbers
- Use of Statistical Tools
- Microeconomics: Introduction
- Theory of Consumer Behaviour
- Production and Costs
- The Theory of the Firm under Perfect Competition
- Market Equilibrium