Solved

A Perfectly Competitive Market Has All of the Following Characteristics

Question 16

Multiple Choice

A perfectly competitive market has all of the following characteristics except:


A) Each seller offers to sell a small part of the total quantity transacted.
B) Each buyer offers to buy a large part of the total quantity transacted.
C) There are many buyers.
D) There are many sellers.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions