Why Does Market Price Prevail in a Perfectly Competitive Market

question 126

Multiple Choice

Why does market price prevail in a perfectly competitive market?

• A)because there are wealthy buyers
• B)because the market is unregulated
• C)because there are distinctive products
• D)because no one has market power

---

Definitions:

Adult Instruction

The practice of educating adults, taking into consideration their specific needs, learning styles, and life experiences.

Preschoolers

Young children typically between the ages of 3 and 5 years who are in the early childhood stage before they enter formal school.

Gross Motor Skills

Abilities that allow individuals to perform movements involving large muscles, such as crawling, walking, jumping, and throwing.

Riding a Bicycle

The act of propelling a two-wheeled vehicle using pedals, which requires balance and coordination.