Multiple Choice
Which of the following is not one of the characteristics of a competitive market?
A) All of the products in all of the businesses are pretty much the same
B) Information about all products and their prices is readily available to everyone
C) Businesses cannot freely enter or exit the market
D) There are enough participators in the market that no one business can influence the price of the product
Correct Answer:
Verified
Correct Answer:
Verified
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