Which of the following is the closest example of a perfectly competitive market?
A) fast foods
B) beer
C) gasoline stations
D) soybeans

Name: Which of the following is the closest example of a perfectly competitive market? A) fast foods B) beer C) gasoline stations D) soybeans
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Question

Quizplus · Accepted Answer

Soybeans are a closer example of a perfectly competitive market because they are a homogeneous product with many producers and no single producer can influence the market price.

Which of the Following Is the Closest Example of a Perfectly