Which of the Following Industries Most Closely Approximates Pure Competition

question 105

Multiple Choice

Which of the following industries most closely approximates pure competition?

• A)agriculture
• B)farm implements
• C)clothing
• D)steel

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Definitions:

Bank Statement

A bank statement is a summary of financial transactions that occurred over a certain period of time in a bank account, provided regularly by the bank to the account holder.

Transactions

The act of conducting business or commercial activities, often involving the exchange of goods, services, or funds.

Quarterly

Pertaining to or occurring every three months.

Legible Copy

A copy of a document that is clear enough to be read easily and accurately.