3 years ago

Which of the following is NOT a condition of perfect competition?

1 answer:

3 0

Deinition of perfect competition: <span>the situation prevailing in a market in which buyers and sellers are so numerous and well informed that all elements of monopoly are absent and the market price of a commodity is beyond the control of individual buyers and sellers.

I would say C is NOT a condition....but read the question and definition carefully and you decide.</span>

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