Which market is more likely to be perfectly competitive?

Question

Quizplus · Accepted Answer

Bowls of white rice in Chinatown, New York City is more likely to be perfectly competitive as there are numerous small firms offering identical products and no barriers to entry or exit. Electric cars in the United States, luxury watches in Switzerland, and vodka in Russia during the Soviet union era all have factors that limit competition such as patents, high production costs, and government intervention.

Which Market Is More Likely to Be Perfectly Competitive