Examlex
Which of the following is not a characteristic of pure competition?
Excess Cash
This refers to the amount of money a company holds that is beyond what is required for its operational needs and potential investments.
Shares Outstanding
Represents the total number of shares of a corporation that are currently owned by all its shareholders, including share blocks held by institutional investors and restricted shares.
Owners' Equity
The residual interest in the assets of a company after deducting its liabilities.
Market Price
The current price at which an asset or service can be bought or sold in a marketplace, determined by supply and demand forces.
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