Which of the following is the best example of a perfectly competitive industry?

Question

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The wheat market is a good example of a perfectly competitive industry because it has many small producers and consumers, the product is standardized, and there are no barriers to entry or exit. In a perfectly competitive market, no single firm has any influence over the price of the product, and every firm must accept the market price. The steel market, electricity market, and airplane market all have barriers to entry or exit and fewer small producers, making them less competitive.

Which of the Following Is the Best Example of a Perfectly