84.9k views
5 votes
Which of the following markets is described below?

There are many firms in the market; entry into the market is easy; the products produced are similar or identical; and consumers information is imperfect.

A. Perfect competition
B. Monopoly
C. Monopolistic competition
D. Oligopoly

2 Answers

3 votes

Answer:

perfect competition

Step-by-step explanation:

took the test

User Zoon Nooz
by
8.7k points
3 votes
Monopolistic Competition i believe is the answer
User Deepali
by
8.6k points

No related questions found

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories