Which Idea Is Inconsistent with Pure Competition

question 32

Multiple Choice

Which idea is inconsistent with pure competition?

• A) price-taking behavior
• B) product differentiation
• C) freedom of entry or exit for firms
• D) a large number of buyers and sellers

---

Definitions:

PR Tactic

A specific action or strategy implemented as part of a public relations campaign to influence public perception or behavior.

Tourists

Individuals who travel to and explore places outside their usual environment for leisure, business, or other purposes, contributing to the local economy.

Corporate Sponsorship

A form of marketing in which a company pays to be associated with a particular event, team, or organization for brand exposure and commercial benefit.

Publicist

A professional responsible for managing the public image and media relations of organizations, brands, or individuals, often within the entertainment industry.