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One requirement for an industry to be perfectly competitive is that there are no restrictions on entry into or exit from the market. a. True b. False

One requirement for an industry to be perfectly competitive is that there are no restrictions on entry into or exit from the market. a. True b. False
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One requirement for an industry to be perfectly competitive is that there are no restrictions on entry into or exit from the market.

a. True

b. False

User Okhobb
by
8.1k points

1 Answer

1 vote

This is true and is one requirement for a market to be perfectly competitive.

User Ali Kazemkhanloo
by
8.2k points
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