Post Utme Abu 2019 Economics Question 11
Practice objective / multiple choice question 11 from the 2019 Post Utme Abu Economics examination.
A perfectly competitive market has the following characteristics: (a) A \single buyer or seller, (b) A homogeneous product, (c) Free entry and exit, (d) Price-making power. Which of the following is NOT a characteristic of a perfectly competitive market?
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About This Question
This is Post Utme Abu 2019 Economics Question 11. It is one of the objective questions from the 2019 Post Utme Abu Economics examination.
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