asked 189k views
2 votes
Identical products is a characteristic of a(n) _____ .

a) perfect competition
b) monopoly
c) oligopoly

1 Answer

2 votes
Identical products is a characteristic of a A. perfect competition.
Here are all of the characteristics of perfect competition:
1. a large number of small firms
2. identical products
3. freedom and resource mobility
4. knowledge of prices and technology
answered
User Oleg Alexander
by
8.6k points
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