All of the Following Are Characteristics of a Perfectly Competitive

question 92

Multiple Choice

All of the following are characteristics of a perfectly competitive market except:

• A)a large number of sellers.
• B)perfectly elastic demand.
• C)a homogeneous product.
• D)barriers to entry.

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Definitions:

Sleep Terrors

Frightening, dream-like experiences that occur during the deepest stage of NREM sleep; nightmares, in contrast, occur during REM sleep.

Sleepwalking

A sleep disorder causing people to get up and walk around or perform other complex behaviors while in a state of sleep.

Nicotine

A stimulant and psychoactive compound found in tobacco products.

Metabolic Rate

The rate at which the body uses energy to maintain basic vital functions while at rest; it affects how quickly calories are burned.