Which of the following is an example of a market that meets all four conditions for perfect competition?

History

2 answers:

S_A_V [24]2 years ago

8 0

The correct answer is wheat. :)

Fantom [35]2 years ago

3 0

Wheat is an example of a market that meets all four conditions for perfect competition. The first option is correct.

Wheat is a grass widely cultivated for its seed, a cereal grain which is a worldwide staple food. The many species of wheat together make up the genus Triticum; the most widely grown is common wheat.

World trade in wheat is greater than for all other crops combined.

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