An important feature of perfect competition is that?
ECONOMICS
JAMB 2001
An important feature of perfect competition is that?
- A. the movement of goods and services is restricted
- B. there is adequate knowledge of existing prices
- C. prices are centrally administered
- D. individual economic units can influence prices
Correct Answer: B. there is adequate knowledge of existing prices
Post an Explanation Or Report an Error
If you see any wrong question or answer, please leave a comment below and we'll take a look. If you doubt why the selected answer is correct or need additional more details? Please drop a comment or Contact us directly. Your email address will not be published. Required fields are marked *