Answered

At Westonci.ca, we provide clear, reliable answers to all your questions. Join our vibrant community and get the solutions you need. Get quick and reliable solutions to your questions from a community of seasoned experts on our user-friendly platform. Explore comprehensive solutions to your questions from a wide range of professionals on our user-friendly platform.

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


We hope you found what you were looking for. Feel free to revisit us for more answers and updated information. We hope this was helpful. Please come back whenever you need more information or answers to your queries. Discover more at Westonci.ca. Return for the latest expert answers and updates on various topics.