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Commerce · Q728

Economics

Graduate and Post Graduate · Commerce · question 728

Q728

Which of the following are the features of pure competition? 1. Large number of buyers and sellers 2. Freedom of entry and exit 3. Perfect homgeneity 4. Mobility of resources Select the correct answer

A.
1, 2 and 3
Answer
B.
2, 3 and 4
C.
1, 3 and 4
D.
All of these

Answer: Option A

Solution

Answer: Option A
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