Although There Are Many Reasons Why a Market Can Be

Multiple Choice

Although there are many reasons why a market can be non-competitive, the principal economic difference between a competitive and a non-competitive market is:

A) the number of firms in the market.
B) the extent to which any firm can influence the price of the product.
C) the size of the firms in the market.
D) the annual sales made by the largest firms in the market.
E) the presence of government intervention.