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      Question

      Which of the following is not the characteristics of

      perfect market?
      A Large Number of Buyers and sellers Correct Answer Incorrect Answer
      B Homogeneous Product Correct Answer Incorrect Answer
      C Free Entry or Exit Correct Answer Incorrect Answer
      D Perfect Knowledge Correct Answer Incorrect Answer
      E Demand Curve of Perfect Competition Market is Completely Vertical Correct Answer Incorrect Answer

      Solution

      Demand Curve of Perfect Competition Market is Completely Horizontal.

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