For Perfect Competition to Arise,it Is Necessary That Market Demand

question 57

Multiple Choice

For perfect competition to arise,it is necessary that market demand be

• A)inelastic.
• B)elastic.
• C)perfectly elastic.
• D)large relative to the minimum efficient scale of a single firm.
• E)small relative to the minimum efficient scale of a single firm.

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Definitions:

Transtheoretical Model

A psychological theory that describes the process of intentional behavior change through stages, including precontemplation, contemplation, preparation, action, and maintenance.

Health Interventions

Actions or strategies aimed at improving health outcomes or preventing health problems.

Maintenance

The process of preserving or keeping something in a state of good repair or efficiency, ensuring its continued operation or functionality.

Contraceptive Use

The practice of utilizing methods or devices to prevent pregnancy as a part of family planning.