________ is a situation in which no single firm is large enough to influence prices and distort the workings of the free-market system.
A) Pure monopoly
B) Pure entrepreneurialism
C) Pure competition
D) Regulated monopoly
E) Stabilized monopoly

Question

Quizplus · Accepted Answer

A)Pure competition is a situation in which no single firm is large enough to influence prices and distort the workings of the free-market system.
B)Pure competition is a situation in which no single firm is large enough to influence prices and distort the workings of the free-market system.
C)Pure competition is a situation in which no single firm is large enough to influence prices and distort the workings of the free-market system.
D)Pure competition is a situation in which no single firm is large enough to influence prices and distort the workings of the free-market system.
E)Pure competition is a situation in which no single firm is large enough to influence prices and distort the workings of the free-market system.

________ Is a Situation in Which No Single Firm Is