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    Economics for Today Study Set 1
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    Exam 8: Perfect Competition
  5. Question
    Perfectly Competitive Markets Are Characterised By
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Perfectly Competitive Markets Are Characterised By

Question 85

Question 85

Multiple Choice

Perfectly competitive markets are characterised by:


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

Correct Answer:

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