Which of the following is NOT a characteristic of a perfectly competitive market?
A) identical products
B) numerous sellers
C) price makers
D) numerous buyers
Correct Answer:
Verified
Q3: Who or what allocates an economy's scarce
Q4: What is an example of a perfectly
Q5: What happens in a competitive market?
A) There
Q6: In a competitive market, why does each
Q7: Which of the following best describes a
Q9: What type of market is a monopoly?
A)
Q10: Which of the following are the words
Q11: What represents the behaviour of buyers?
A) demand
B)
Q12: Which of the following best resembles a
Q13: Which of the following would be an
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