Which one of the following is not a requirement for or a characteristic of perfect competition? A. all market participants should have perfect knowledge of market conditions.
B. there should be no government intervention.
C. every firm must have the power to set its price.
D. the good must be homogeneous.
1
Expert's answer
2021-08-27T08:33:01-0400
A. all market participants should have perfect knowledge of market conditions.
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