There are thousands of wheat farmers who produce and sell wheat, and there are millions of consumers who use wheat and wheat products.The market for wheat would be considered:

Question

Quizplus · Accepted Answer

The market for wheat is characterized by a large number of producers and consumers, with no individual seller or buyer having a significant influence on the market price. This makes it a perfectly competitive market.

There Are Thousands of Wheat Farmers Who Produce and Sell