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One of the characteristics of an imperfect market is?
Classroom
Economics Classroom
Jamb
Jamb 1988
Market Structures
Imperfect Market
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One of the characteristics of an imperfect market is?
SchoolNGR Classroom
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
A
A large number of buyers and sellers
B
A lack of homogeneity of products
C
An adequate awareness of market conditions by buyers and sellers
D
The availability of substitutes
Show Answer
Show Explanation
Correct Answer:
Option B
Explanation:
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