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Which of the following is a condition of pure competition? a) Products produced by rival business are perfect substitutes. b) individual firms can affect the money supply of com…

Which of the following is a condition of pure competition? a) Products produced by rival business are perfect substitutes. b) individual firms can affect the money supply of com…
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Which of the following is a condition of pure competition?

a) Products produced by rival business are perfect substitutes.
b) individual firms can affect the money supply of competitors.
c) entry and exit of the free market is heavily restricted.
d) Business are able to beat out all similar type companies

asked
User John Fawcett
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7.8k points

1 Answer

2 votes

Answer:

d, business are able to beat out all similar type companies

answered
User Astaroth
by
8.1k points
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