GkSeries.com

Banking System and Capital Market Questions and Answers for Competitive Exams

Q.

One of the essential conditions of perfect competition is:

[A] Product differentiation
[B] Multiplicity of prices for identical products at any one time
[C] Many sellers and a few buyers
[D] Only one price for identical goods at any one time

Answer & Explanation

Answer: Option [D]

DOWNLOAD CURRENT AFFAIRS PDF FROM APP

Read More Economics Solved Questions

Please share this page

Click Here to Read more questions

Teacher Eligibility Test