5
answers
0
watching
248
views
rubysnake808Lv1
11 Dec 2019
Which idea is inconsistent with the pure competition?
a. Product differentiation
b. Price-taking behavior
c. No restrictions on entry and exit of firms
d. A large number of buyers and sellers
Which idea is inconsistent with the pure competition?
a. Product differentiation
b. Price-taking behavior
c. No restrictions on entry and exit of firms
d. A large number of buyers and sellers
Sonia DhawanLv10
27 Aug 2020
Already have an account? Log in
Related textbook solutions
Related questions
Which of the following is not characteristic of perfect competition?
| a. | many buyers and sellers |
| b. | brand name advertising |
| c. | standardized products |
| d. | fully informed buyers and sellers |
| e. | free entry and exit of firms |
