Which of the following is the requirement of an industry to be-09049
Which of the following is the requirement of an industry to be perfectly competitive?
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.10.
Which of the following is the requirement of an industry to be perfectly competitive?
There are no restrictions on entry into or exit from the market.
There are multiple restrictions on entry into or exit from the market.
There are many firms selling different products.
Sellers and buyers have imperfect information about prices.
