Which of the Following Is Inconsistent with the Model of Perfect

question 58

Multiple Choice

Which of the following is inconsistent with the model of perfect competition?

• A)ease of entry into an industry
• B)ease of exit from an industry
• C)many buyers and sellers in the industry
• D)advertising of product differences in the industry
• E)a horizontal demand curve facing each firm in the industry

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Definitions:

Image Processing

A method to convert an image into digital form and perform some operations on it, to enhance or extract information.

Gigabytes (GB)

A unit of digital information storage equal to approximately one billion bytes (1,073,741,824 bytes), commonly used to quantify the size of data stored or processed by computers.

Megabytes (MB)

A unit of data measurement size, indicating 1 million bytes or 1,048,576 bytes in the context of computer memory and file sizes.

Arithmetic Logic Unit

A digital circuit used in microprocessors to perform arithmetic and logic operations, such as addition, subtraction, and logical comparisons.