Post Utme Greenfield University 2018 Geography Question 13

Practice objective / multiple choice question 13 from the 2018 Post Utme Greenfield University Geography examination.

Post Utme Greenfield University 2018 Geography Objective / Multiple Choice
Question 13 POST_UTME_GREENFIELD_UNIVERSITY • 2018 • GEOGRAPHY • objective

The diagram below shows a simple economic model. Which of the following is a characteristic of a perfectly competitive market?

Answer Options

A. Many firms
B. Perfect knowledge
C. Perfect mobility
Correct Answer D. Perfect competition
Correct Answer
D
Correct Option:
Perfect competition

About This Question

This is Post Utme Greenfield University 2018 Geography Question 13. It is one of the objective questions from the 2018 Post Utme Greenfield University Geography examination.

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