Question

which of these is the best economic definition of "pure competition"?a) the market is dominated by one seller b) the market is dominated by a few buyers c) the market is dominated by two or more sellers d) the market is not dominated by either buyers or sellers

Answer 1

I think the best one would be C. I say that because pure competition describes a market that consists many sellers trying to sell the same product but different prices.

Answer 2

The answe is d because i just took this test