Question

Which is an example of an almost perfectly competitive market?

A) Agricultural products
B) Monopoly
C) Oligopoly
D) Monopolistic competition

Answer 1

Agricultural products is an example of an almost perfectly competitive market.

Step-by-step explanation:

An example of an almost perfectly competitive market is Agricultural products. In a perfectly competitive market, there are many firms selling identical products and no barriers to entry or exit. While agricultural products may have some differentiation in terms of quality and location, they generally exhibit characteristics of a nearly perfect competition market.