Which Statement Is NOT Characteristic of Perfect Competition

question 54

Multiple Choice

Which statement is NOT characteristic of perfect competition?

• A)All firms produce the same standardized product.
• B)There are many producers,and each has only a small market share.
• C)There are many producers;one firm has a 25% market share,and all of the remaining firms have a market share of less than 2% each.
• D)There are no obstacles to entry into or exit from the industry.

Recognize the functionality of editing tools within the Photos app.

Grasp the importance of storage solutions like OneDrive in media management.

Understand the concept of accessibility features in media playback apps.

Identify the features and usage of the Movies & TV app in context to video collection management.