The condition for pure competition to be fulfilled are –

CA Foundation · Business Economics · MTP · June 2024
The condition for pure competition to be fulfilled are –
(A) A. large numbers of buyers and sellers
(B) B. products are homogeneous
(C) C. firms are free from entry and exit from the market
(D) D. all the above

Suggested Answer and Working Notes:

Correct Answer: Option (D)

D. all the above

Topics: Price Determination in Different Markets

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