Which of the Following Will Not Be True of a Perfectly

Multiple Choice

Which of the following will not be true of a perfectly competitive market?

A) Each individual buyer or seller has an imperceptible effect on the market price.
B) A new firm may incur a cost upon entering a market but has access to the same technology and inputs as established firms.
C) Different consumers may pay different prices for the same product.
D) Buyers and sellers take the market price as given when making purchasing or production decisions.