Which of the Following Is a Characteristic of Perfect Competition

question 125

Multiple Choice

Which of the following is a characteristic of perfect competition?

• A)large barriers to entry 
• B)a small number of firms 
• C)firms selling unique goods 
• D)None of the above is correct.

Learn about various components of a budget including operating, cash, merchandise purchases, and capital expenditure budgets.

Comprehend the processes involved in preparing a cash budget, including cash inflows and outflows.

Understand how to project cash receipts based on sales and credit terms.

Learn the sequential order of budget preparation and its components like sales budget, merchandise purchases budget, and cash budget.

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Definitions:

Scaling

A dental procedure that involves the removal of plaque and tartar from the teeth to prevent gum disease.

Nipple

The small projection on a breast through which milk is delivered from the mammary glands to the surface, typically in mammals.

Sexuality

The collective characteristics that mark the differences between the male and female, the constitution and life of the individual as related to sex.

Daycare Centre

A facility that provides care and supervision for children during the daytime, allowing their parents or guardians to work or engage in other activities.