Which of the following is a characteristic of perfect competition? Group of answer choices many sellers and few buyers many buyers and few sellers a heterogeneous product buyers and sellers having all relevant information high barriers to entry and exit
Solved
Show answers
More tips
- F Family and Home How to Choose Suitable Windows for Your Home?...
- C Computers and Internet Why is Yandex s robot Bless.yandex.ru Important?...
- F Food and Cooking Fresh and Easy Lemonade in 10 Minutes...
- S Sport How to wrap boxing hand wraps? Everything you need to know!...
- F Family and Home How to Sew Curtain Tapes: Best Tips from Professionals...
- A Animals and plants How to Grow Lime from a Seed: Simple Tips and Interesting Facts...
- C Computers and Internet How to Create a Folder on Your iPhone?...
- G Goods and services How to sew a ribbon: Tips for beginners...
- F Food and Cooking How to Make Mayonnaise at Home? Secrets of Homemade Mayonnaise...
- C Computers and Internet Which Phone is Best for Internet Surfing?...
Answers on questions: Business
- B Business The situation that allows the broker to appoint one or more agents for the client within the same firm, is called...
- B Business Data for Yvavxs408 Corporation and its two divisions, Domestic and Foreign, appear below: Sales revenues, Domestic $620,000 Variable expenses, Domestic $359,700 Traceable...
- B Business 30 POINTS!! SEND HELP ASAP IM BEING TIMED Which of the following statements is false? a. Having a first aid kit in an office is necessary b. Accidents happen, so it...
- B Business A is often used to illustrate the position of a firm s products or brands in consumers minds....
- B Business Nathan Akpan is planning to invest in a seven-year bond that pays annual coupons at a rate of 7 percent. It is currently selling at $927.23. What is the current market...
- B Business Jasper pays a fair price for Rosa s five wooded acres in a valid contract. But, Rosa decides she does not want to give up the land after and will not leave. Jasper...
- C Computers and Technology How do I change the keyboard light colors on Alienware 17 R5?...
- M Mathematics I ll give you brainliest once i know its right !!...
- P Physics Who knows treasure KPO...
- M Mathematics On a certain fall day in Anchorage, Alaska, the temperature at 1:00 a.m. was −1.6°C. At 1:00 p.m. (12 hours later), the temperature had risen to 3.2°C. On average,...
Ответ:
The correct answer is letter "D": buyers and sellers having all relevant information.
Explanation:
Perfect Competition is a theoretical market structure in which competition is at the highest possible level. These five (5) elements contain a perfectly competitive market: all firms sell the same product, all firms are price-takers, all firms have relatively small market shares, buyers have complete product and price information, and the industry is characterized by low or no barriers to entry and exit.
Ответ: