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Which of the following is not a characteristic of a perfectly competitive market?

insherro

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Which of the following is not a characteristic of a perfectly competitive market?

Which of the following is not a characteristic of a perfectly competitive market?
A) Large number of firms in the industry.
B) Outputs of the firms are perfect substitutes for one another.
C) Limited information is available to all market participants.
D) Ease of entry into the market.

Textbook

Economics for Managers

Economics for Managers

Edition: 3^rd

Author: Farnham

Read 231 times

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University of Ottawa - Economics for Managers

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toogoo

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