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dmitriy555 [2]
3 years ago
8

Perfect competition is characterized by Group of answer choices many buyers and few sellers. many buyers and many sellers. few b

uyers and many sellers. a few companies that control the market. few buyers and few sellers.
Business
1 answer:
algol133 years ago
7 0

Answer:

Many buyers and many sellers

Explanation:

Perfect competition occurs in a market where we have a large number of buyers and sellers selling the same products with no restriction to information and minimum governmental influence.

Its characteristics include many buyers and sellers , undifferentiated products ,no barrier to entry and exit .

It does not allow excess profit as companies make just adequate profit to say afloat in business.

It is used as a standard for real life market.

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Answer:

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Explanation:

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The reason for the above suggestion is that Task-oriented leaders are focused on getting the job done and achieving set goals. These category of leaders are not as bothered about employees as they are about developing clear objectives required for achieving tasks meeting goals.

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Alja [10]

Answer:

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3 years ago
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