The city of San Antonio, Texas goes back 300 years. It's where the Spanish claimed the New World and set up missions to colonize the indigenous people. Today, it's a multicultural metropolis that celebrates its Hispanic heritage through historic neighborhoods, traditional food, and unique festivals
Answer:
D. There is no restriction on the entry of new firms into the industry.
Explanation:
The statement about perfect competition that is correct is<em> there is no restriction on the entry of new firms into the industry</em>. Perfect competition describes a theoretical structure of the market in which competition reaches its highest level. Option A is incorrect because there is no limit to the number of firms. Moreover, each firm produces the same product.
It allows citizens the eligibility to vote on representatives to pass laws for them.
