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Tidy Tidy
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Posts: 4852
10 years ago
Which of the following is not a characteristic of a perfectly competitive market structure?
A) There are a very large number of firms that are small compared to the market.
B) All firms sell identical products.
C) There are no restrictions to entry by new firms.
D) There are restrictions on exit of firms.
Textbook 
Essentials of Economics

Essentials of Economics


Edition: 4th
Authors:
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SmooothSmoooth
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10 years ago
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9 years ago
Don't mention it Happy Dummy
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