Solved

In Perfect Competition,which of the Following Conditions Exist

Question 71

Multiple Choice

In perfect competition,which of the following conditions exist?


A) only one producer
B) no relationship between supply and demand
C) a large number of buyers and few sellers
D) a large number of sellers producing nearly identical products

Correct Answer:

verifed

Verified

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

Related Questions