Which of the following is not a characteristic of a, Ask an Expert

Economics

Which of the following is NOT a characteristic of a perfectly competitive market?

A. There are many sellers.

B. Different sellers sell identical products.

C. Sellers do follow the price the market determines.

D. All of the above are characteristics of a perfectly competitive market.

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Microeconomics, Economics

Category:- Microeconomics
Reference No.:- M91226584

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