Which of the following is a characteristic of perfect competition?
A) easy entry into or exit from the market
B) a small number of buyers
C) a high degree of government regulation
D) a differentiated product
E) a high degree of collusion
Correct Answer:
Verified
Q8: The characteristics of a market that influence
Q9: Of the following products,which is most standardized?
A)pizza
B)concrete
C)automobiles
D)clothing
E)paintings
Q10: Which of the following is the closest
Q11: The distinguishing characteristics of different market structures
Q12: The automobile market is an example of
Q14: The number of sellers in an industry,in
Q15: All of the following help define market
Q16: One of the defining characteristics of a
Q17: Barriers to entry into a market could
Q18: Which of the following is not a
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