Recall the Application about the wireless phone service provided by thousands of entrepreneurial women in Pakistan to answer the following question(s).
-Recall the Application. What makes the wireless telephone market in Pakistan perfectly competitive?

Question

Quizplus · Accepted Answer

All three factors contribute to making the wireless phone market in Pakistan perfectly competitive. Many buyers and sellers mean that no single player can influence prices, while the low barrier for entry means that new entrepreneurs can enter the market easily. Wireless phone calls being a standardized product means that all providers offer the same service, further leveling the playing field.

Recall the Application About the Wireless Phone Service Provided by Thousands