Which of the Following Does Not Characterize a Competitive Market

question 126

Multiple Choice

Which of the following does not characterize a competitive market?

• A) A few firms
• B) No market power
• C) Identical products
• D) Marginal cost equals price

---

Definitions:

Team Building

A process of enhancing social relations within teams, often involving collaborative tasks.

Facilitator

An individual who guides a group's process to ensure effective operation, helping members to communicate more effectively and to solve their problems.

Executive Coaching

A professional relationship where coaches help executives develop their leadership skills, clarify goals, and achieve their personal and professional objectives.

One-On-One

An interaction or meeting between two individuals, typically in a private or personal setting.