One of the essential conditions of perfect competition is

Business Management Mcqs
BILAL KHATTAK0

A.Product differentiation
B.Multiplicity of prices for identical product at any one time
C.Many sellers and few buyers
D.Many sellers and few sellers
E.Only one price for identical goods at any one time

Related Mcqs:

  1. Which of the following statement is wrong for perfect market?
  2. Of the following, which is NOT an essential assumption of the marginal utility theory of consumer demand?
  3. Sellers reserve price means
  4. Equilibrium exists between
  5. An oligopoly in industry occurs where there are (is)
  6. Which market describes a monopoly
  7. Which one of the following is correct statement for market?
  8. People will tend to demand money if they think
  9. In case of six stage compression of air for minimum work conditions
  10. Price elasticity of demand is best defined as

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