Perfect Competition Is Characterised by

question 166

Multiple Choice

Perfect competition is characterised by

• A) many buyers and many sellers.
• B) few buyers and few sellers.
• C) few buyers and many sellers.
• D) many buyers and few sellers.
• E) a few companies that control the market.

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Definitions:

Mandatory Retirement

Forced retirement from employment, generally at 65 years.

Human Rights

Fundamental rights and freedoms that every person is entitled to regardless of nationality, sex, national or ethnic origin, race, religion, language, or other status.

Discriminatory Practices

Actions or policies that treat individuals or groups unfairly based on characteristics such as race, gender, age, or disability.

Reasonable Accommodation

Adjustments or modifications to policies, structures, or practices to enable individuals with disabilities to participate fully in employment or other activities.