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    Question

    Which of the following statements highlights one of the

    essential conditions of perfect competition?
    A A perfect competition has a number of sellers and a few buyers Correct Answer Incorrect Answer
    B A perfect competition has different levels of pricing for identical products at a particular point of time Correct Answer Incorrect Answer
    C A perfect competition has the same pricing for identical products at a particular point of time Correct Answer Incorrect Answer
    D None of the above Correct Answer Incorrect Answer
    E All of the above Correct Answer Incorrect Answer

    Solution

    A perfect competition has the same pricing for identical products at a particular point of time.

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