In which market structure do firms exist in very large numbers-08957
In which market structure do firms exist in very large numbers, each firm produces an identical product and there is freedom of entry and exit?
This multiple choice question (MCQ) is related to the book/course vu eco401 Economics. It can also be found in vu eco401 Mid Term - Quiz No.1.
In which market structure do firms exist in very large numbers, each firm produces an identical product and there is freedom of entry and exit?
Monopoly
Oligopoly
Perfect competition
Monopolistic competition