Which of the following statement is wrong for perfect market?

General Knowledge Mcqs
BILAL KHATTAK0

A.There are a large numer of buyers and sellers
B.Buyers and sellers have imperfect nowledge of demand and supply
C.Price at any time is uniform
D.Prices are uniform over a geographical area at anyone time

Related Mcqs:

  1. One of the essential conditions of perfect competition is
  2. Equilibrium exists between
  3. Which one of the following is correct statement for market?
  4. Which market describes a monopoly
  5. Buyer’s market devote the place where:
  6. A decrease in the quantity supplied to the market at given prices leads to
  7. Price elasticity of demand is best defined as
  8. An oligopoly in industry occurs where there are (is)
  9. The size of the market for a product means
  10. A perfect competitive market is where:

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