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    Economics for Today
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    Exam 7: Perfect competition
  5. Question
    Perfectly Competitive Markets Are Characterised By
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Perfectly Competitive Markets Are Characterised By

Question 28

Question 28

Multiple Choice

Perfectly competitive markets are characterised by:


A) a large number of small producers.
B) very strong barriers to entry and exit.
C) firms selling a quality product.
D) many different products.

Correct Answer:

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