Which of the Following Is NOT a Characteristic of Perfect

question 95

Multiple Choice

Which of the following is NOT a characteristic of perfect competition?

• A) differentiated products
• B) large number of buyers and sellers
• C) price taking by each firm
• D) easy entry and exit into the market

---

Definitions:

Upset

A state of being unhappy, disappointed, or worried.

Social Media

Digital platforms that enable users to create and share content or participate in social networking.

Achievement Motivation

The inner drive or desire to attain a goal or reach a certain level of performance, often linked to success in various endeavors.

Competitive Play

Activities or games where individuals or teams compete against each other with the objective of winning or achieving a specific goal.