Post Utme Lautech 2019 Economics Question 20

Practice objective / multiple choice question 20 from the 2019 Post Utme Lautech Economics examination.

Post Utme Lautech 2019 Economics Objective / Multiple Choice
Question 20 POST_UTME_LAUTECH • 2019 • ECONOMICS • objective

The concept of perfect competition is characterized by

Answer Options

A. a \single seller
Correct Answer B. many buyers and sellers
C. barriers to entry
D. price discrimination
Correct Answer
B
Correct Option:
many buyers and sellers

About This Question

This is Post Utme Lautech 2019 Economics Question 20. It is one of the objective questions from the 2019 Post Utme Lautech Economics examination.

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