Which of the Following Is Not a Characteristic of Perfect

question 98

Multiple Choice

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

• A)Large number of firms in the industry.
• B)Outputs of the firms are perfect substitutes for one another.
• C)Firms face downward-sloping demand functions.
• D)No barriers to entry or exit.

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Definitions:

Dissociative Identity Disorder

A severe form of dissociation, a mental disorder characterized by the presence of two or more distinct personality states or identities controlling an individual's behavior at different times.

Distinction

A difference or contrast between similar things or people, often used to categorize or evaluate quality.

Generalized Anxiety Disorder

A mental health disorder characterized by persistent and excessive worry about a number of different things, often interfering with daily functioning.

Etiology

The study of the causes or origins of diseases or behavioral phenomena.