The market in which the operators are many and none of them can influence the...
ECONOMICS
JAMB 2015
The market in which the operators are many and none of them can influence the price is
- A. stock exchange market
- B. imperfect market
- C. perfect market
- D. exchange market
Correct Answer: C. perfect market
Explanation
The Perfect Competition is a market structure where a large number of buyers and sellers are present, and all are engaged in the buying and selling of the homogeneous products at a single price prevailing in the market.
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