Which of the following is a characteristic of a perfectly competitive market?

Question

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All of the above are characteristics of a perfectly competitive market. A large number of firms in a market ensures that no single firm has a significant market share, selling a standardized product ensures that all customers have access to the same quality of product from any firm in the market and no barriers to entry ensures that new firms can enter the market easily.

Which of the Following Is a Characteristic of a Perfectly