All of the following,except one,are reasons why the stock market is not a good example of a perfectly competitive market.Which is the exception?
A) The action of a single buyer or seller is able to affect the price of stocks.
B) You need to be rich in order to buy stocks.
C) There is not easy entry since a commission must be paid to a broker in order to trade.
D) Not all traders have equal access to information.
Correct Answer:
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Q3: Q4: What is the term for the amount Q5: Which of the following refers to the Q6: What is marginal revenue? Unlock this Answer For Free Now! View this answer and more for free by performing one of the following actions Scan the QR code to install the App and get 2 free unlocks Unlock quizzes for free by uploading documents![]()
A)The total revenue divided