Which of the Following Describes a Characteristic of a Perfectly

question 113

Multiple Choice

Which of the following describes a characteristic of a perfectly competitive market?

• A)There are many buyers but few sellers.
• B)There are many sellers but few buyers.
• C)There are many buyers and sellers.
• D)Equilibrium is achieved when demand for the product sold in the market equals the supply.

---

Definitions:

Molecular Structures

The arrangements of atoms within a molecule, dictating its physical properties and chemical reactivity.

Gene Expression

The technique where the information contained in a gene directs the formation of a protein molecule.

Depression Rates

The prevalence or frequency of depression diagnoses within a specific population or demographic over a given period.

Recent Generations

Refers to the latest cohorts of people born and raised in approximately the last two decades.