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Select the correct answer.

Which product is an example of perfect competition?

A. Food grains where products are homogeneous
B. Computers, where there are many competitors with slightly differentiated products
C. Aerated cold drinks, where there are two competitors
D. Bicycles, where buyers and sellers have some control over the price
E. Gold, where there is only one seller

Sagot :

GinnyAnswer

Final answer:

Perfect competition example is food grains where products are homogeneous.


Explanation:

Food grains where products are homogeneous is an example of perfect competition. In perfect competition, goods are identical across different sellers, and there are many buyers and sellers in the market. This type of market structure ensures no individual seller or buyer can influence the market price.


Learn more about Perfect Competition here:

https://brainly.com/question/32771715


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