Which of the following conditions is not necessary for a perfect market?
A) No barrier to entry or exit
B) All actors have total information about the market.
C) Equal access to technology
D) The absence of regulation
Correct Answer:
Verified
Q6: What is a liquidity trap?
A)When a company
Q7: Which is the best explanation of stagflation?
A)A
Q8: How does the government measure inflation?
A)It polls
Q9: Is it possible for per capita income
Q10: A plant that produces 1000 units of
Q12: Which of the following is an example
Q13: What is arbitrage?
A)Making a profit by manipulating
Q14: What is it called when a company
Q15: All of the following market activities are
Q16: Which economic system is based on the
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