Question:
Which of the following is a characteristic of a perfectly competitive market?
Which of the following is a characteristic of a perfectly competitive market?
Updated On: Aug 5, 2024
- There are many buyers and sellers.
- The product is homogeneous.
- There are no barriers to entry or exit.
- All the above.
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The Correct Option is D
Solution and Explanation
The correct option is (D): All the above.
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