Which of the Following Is Not a Condition for Pure

question 34

Multiple Choice

Which of the following is not a condition for pure competition?

• A) Large number of sellers
• B) Sellers and buyer are small enough that no one can overly influence the market
• C) Involves a heterogeneous product or service
• D) Unristricted entry

---

Definitions:

Impoverished Background

A situation where an individual or family lives in a state of financial hardship or poverty, lacking sufficient resources for a standard living.

Confirmation Bias

The predisposition to look for, comprehend, prioritize, and recollect facts in a way that supports one’s own prior convictions or hypotheses.

Impoverished Background

Referring to a lack of financial resources and economic stability in one's family or upbringing, often impacting access to opportunities.

Oral Exam

An oral exam is a type of examination where candidates are verbally questioned on their knowledge or competence in a particular subject or field.