Which of the following is a characteristic of a perfectly competitive market? A) Many buyers and one seller B) Few buyers and few sellers C) Many buyers and many sellers D) One buyer and many sellers

Principles of Macroeconomics (MindTap Course List)
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ISBN:9781305971509
Author:N. Gregory Mankiw
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Chapter4: The Market Forces Of Supply And Demand
Section4.1: Markets And Competition
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Which of the following is a characteristic of a perfectly competitive market? A) Many buyers and one seller B) Few buyers and few sellers C) Many buyers and many sellers D) One buyer and many sellers
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