Which of the Following Is Likely to Be Present in a Perfectly

question 44

Multiple Choice

Which of the following is likely to be present in a perfectly competitive market?

• A)patents
• B)government licenses
• C)non-price competition such as advertising
• D)high capital costs
• E)commodities

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Definitions:

Computer System

An electronic device capable of executing a series of instructions to process data.

Virus

A biological infectious agent that replicates only inside the living cells of an organism, potentially causing disease.

Dormant

A state of inactivity or minimal activity, often used to describe a business that is not currently active but still exists legally.

DVD Drives

A device that reads and, in some cases, writes data to a DVD disc, used in computers, entertainment systems, and some recording and playback hardware.