[Answered] Which of the following is a characteristic of perfect competition? a. homogeneous products b. many ...

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HudsonKB16

Hero Member
Posts: 535

on: Jun 30, 2018

Which of the following is a characteristic of perfect competition?
a. homogeneous products
b. many sellers
c. many buyers
d. all of the above

Question 2

The supply of land being fixed, the earnings from land are called transfer earnings.
a. True
b. False
Indicate whether the statement is true or false

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Marked as best answer by a Subject Expert

aruss1303

Sr. Member
Posts: 314

Reply #1 on: Jun 30, 2018

Answer to Question 1

d

Answer to Question 2

False

HudsonKB16

Member
Posts: 535

Reply 2 on: Jun 30, 2018

TYSM

Mochi

Member
Posts: 300

Reply 3 on: Yesterday

Excellent

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