Answered

Westonci.ca is the premier destination for reliable answers to your questions, provided by a community of experts. Experience the ease of finding reliable answers to your questions from a vast community of knowledgeable experts. Explore comprehensive solutions to your questions from a wide range of professionals on our user-friendly platform.

Which of the following is a necessary condition for perfect competition?
A. A small number of firms control a large share of the total market.
B. Movement into and out of the market is limited.
C. Firms produce a standardized product.
D. Extensive advertising is used to promote the firm's product.

Sagot :

We hope this information was helpful. Feel free to return anytime for more answers to your questions and concerns. We hope you found what you were looking for. Feel free to revisit us for more answers and updated information. We're here to help at Westonci.ca. Keep visiting for the best answers to your questions.