An Assumption of the Model of Perfect Competition Is

question 161

Multiple Choice

An assumption of the model of perfect competition is:

• A) discrimination.
• B) ease of entry and exit.
• C) few buyers and sellers.
• D) limited information.

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Definitions:

Life Cycle

the series of stages through which an organism passes from the start of its life until it produces offspring and completes the cycle.

Whisk Fern

A type of vascular plant belonging to the genus Psilotum, known for its simple, whisk-like appearance without true leaves or roots.

Club Moss

A type of non-flowering plant belonging to the Lycopodiophyta division, known for its moss-like appearance and reproductive via spores.

Megaspore

The n spore in heterosporous plants that gives rise to a female gametophyte. Compare with microspore.