πŸ“’ Too many exams? Don’t know which one suits you best? Book Your Free Expert πŸ‘‰ call Now!


    ⚑ Month End Offer - Flat 52% Off On All Courses! Enroll Now ⚑
    00:00:00 AM Left

    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.

    Practice Next
    ask-question