Post Utme Nile University 2021 Economics Question 21

Practice objective / multiple choice question 21 from the 2021 Post Utme Nile University Economics examination.

Post Utme Nile University 2021 Economics Objective / Multiple Choice
Question 21 POST_UTME_NILE_UNIVERSITY • 2021 • ECONOMICS • objective

A firm operating in a perfectly competitive market is characterized by which of the following?

Answer Options

A. Monopoly
B. Oligopoly
Correct Answer C. Perfect Competition
D. Monopsony
Correct Answer
C
Correct Option:
Perfect Competition

About This Question

This is Post Utme Nile University 2021 Economics Question 21. It is one of the objective questions from the 2021 Post Utme Nile University Economics examination.

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