Which of the Following Describes a Characteristic of a Perfectly

question 113

Multiple Choice

Which of the following describes a characteristic of a perfectly competitive market?

• A)There are many buyers but few sellers.
• B)There are many sellers but few buyers.
• C)There are many buyers and sellers.
• D)Equilibrium is achieved when demand for the product sold in the market equals the supply.

---

Definitions:

Free Cash Flow (FCF)

The cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Operating Expenses

These are costs associated with the day-to-day operations of a business, excluding costs of goods sold, taxes, and interest expenses.

Taking Deposits

The act of receiving funds from customers, under the agreement that the funds will be returned or made available for withdrawal upon the customer's request.

Insurance Companies

Businesses that provide coverage, compensating policyholders for losses in exchange for premiums.