All of the following are characteristics of a perfectly competitive market except which one?
A) homogeneous goods
B) no transaction costs
C) no perfect information
D) no barriers to entry
Correct Answer:
Verified
Q1: Which of the following is an example
Q2: In a perfectly competitive market, firms _.
A)are
Q3: In a competitive market, buyers have _impact
Q5: Which of the following is an example
Q6: All of the following are characteristics of
Q7: All of the following are characteristics of
Q8: If a firm is a price taker,
Q9: Which of the following is an example
Q10: Which of the following is an example
Q11: Economic competition refers to _ .
A)an intense
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