Which of the Following Is Not a Characteristic of Perfect

question 19

Multiple Choice

Which of the following is not a characteristic of perfect competition?

• A)The industry is fragmented.
• B)Firms produce undifferentiated products.
• C)Consumers have imperfect information.
• D)Firms have equal access to resources.

---

Definitions:

Journalize

The process of recording transactions into the accounting journal as part of the accounting record-keeping system.

Racial Minority Representation

The presence and involvement of individuals from racial minority groups in various sectors such as politics, media, and education, ensuring diversity and equity.

Fictional Television Roles

Characters in television shows that are made up and not based on real people, created for entertainment or to convey specific themes or messages.