Does the stock market resemble a perfectly competitive market?
A) No, because there are not enough buyers and sellers in the stock market.
B) No, because the products (stocks) in the market are not standardized enough.
C) No, because the buyers and sellers in the market lack access to reliable information about prices in the market.
D) Yes, the stock market does resemble a perfectly competitive market.
Correct Answer:
Verified
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B)
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