Answer:
a. Homogeneous products and perfect information
Step-by-step explanation:
A perfect competition market is a market in which the level of competition is high.
It has the following characteristics -
1. Knowledge is perfect in this competition of producer and consumer with respect to the market.
2. Free entry and exit
3. Deals with homogeneous or identical products
4. The buyers and sellers are more in this market
5 No transportation exist