Which of the Following Is a Characteristic of Perfect Competition

question 184

Multiple Choice

Which of the following is a characteristic of perfect competition?

• A) homogeneous products
• B) many sellers
• C) many buyers
• D) all of the above

---

Definitions:

Navigation Pane

A graphical user interface component that allows users to navigate through different sections or features of an application or document.

Encryption

Encrypting information or data to transform it into a code, with the main aim of blocking access from unauthorized parties.

Split Database

A database architecture where the database is divided into two parts: the back-end that stores data and the front-end that interacts with users.

Startup Options

Settings that determine how a software application or operating system behaves when it is launched.