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Which of the following is not a characteristic of a perfectly competitive market?A. There are many buyers and sellersB. Firms can freely enter and exit the market. C. Many firms…

Which of the following is not a characteristic of a perfectly competitive market?A. There are many buyers and sellersB. Firms can freely enter and exit the market. C. Many firms…
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Which of the following is not a characteristic of a perfectly competitive market?A. There are many buyers and sellersB. Firms can freely enter and exit the market. C. Many firms have market power. D. Firms sell very similar products.

asked
User Mike Pala
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7.5k points

1 Answer

5 votes

Answer:

option C is the correct answer

Step-by-step explanation:

i hope u get it!

answered
User Dnfehren
by
8.2k points
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