Post Utme Joseph Ayo Babalola University 2020 Economics Question 6

Practice objective / multiple choice question 6 from the 2020 Post Utme Joseph Ayo Babalola University Economics examination.

Post Utme Joseph Ayo Babalola University 2020 Economics Objective / Multiple Choice

Question 6 POST_UTME_JOSEPH_AYO_BABALOLA_UNIVERSITY • 2020 • ECONOMICS • objective

A perfectly competitive market is characterized by which of the following?

Answer Options

A. A \single buyer and seller

Correct Answer B. Many buyers and sellers

C. A \single buyer and many sellers

D. Many buyers and a \single seller

Correct Answer

Correct Option:

Many buyers and sellers

About This Question

This is Post Utme Joseph Ayo Babalola University 2020 Economics Question 6. It is one of the objective questions from the 2020 Post Utme Joseph Ayo Babalola University Economics examination.

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