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Which of the following is NOT a characteristic of perfect competition?
Classroom
Economics Classroom
Jamb
Jamb 1981
Market Structures
Perfectly Competitive Market
Assumptions And Characteristics Of Perfectly Competitive Market
More Topics
Which of the following is NOT a characteristic of perfect competition?
SchoolNGR Classroom
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
A
Many sellers and buyers in the markets
B
There is perfect knowledge
C
Supply and demand are equal
D
There is no advertising
E
Products are identical
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Correct Answer:
Option C
Explanation:
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