Vidyalelo
Management · Q418

Managerial Economics

Graduate and Post Graduate · Management · question 418

Q418

In perfect competition, there is a process of

A.
Restricted entry and exit of the firms
B.
Free entry and free exit of the firms
Answer
C.
Free entry but restricted exit of the firms
D.
Semi-free exit but absolute free entry

Answer: Option B

Solution

Answer: Option B
No explanation is given for this question Let's Discuss on Board