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Perfect knowledge of events in a perfect market will be made possible by the existence of

Perfect knowledge of events in a perfect market will be made possible by the existence of
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Many buyers and sellers
  • B Homogeneous products
  • C Means of communication
  • D Large number of traders
Correct Answer: Option A
Explanation:
In a perfectly competitive market, there are many buyers and many sellers. In fact, the number of buyers and sellers is effectively infinite. This alows for the free flow of information in the market

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