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Which of the Following Characteristics of Competitive Markets Is Necessary

Question 91

Multiple Choice

Which of the following characteristics of competitive markets is necessary for firms to be price takers?
Which of the following characteristics of competitive markets is necessary for firms to be price takers? A) (i) and (ii) only B) (i) and (iii) only C) (ii) only D) (i) ,(ii) ,and (iii)


A) (i) and (ii) only
B) (i) and (iii) only
C) (ii) only
D) (i) ,(ii) ,and (iii)

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