Post Utme Unilag 2018 Geography Question 33

Practice objective / multiple choice question 33 from the 2018 Post Utme Unilag Geography examination.

Post Utme Unilag 2018 Geography Objective / Multiple Choice
Question 33 POST_UTME_UNILAG • 2018 • GEOGRAPHY • objective
Post Utme Unilag 2018 Geography Question 33 diagram

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

Answer Options

Correct Answer A. Many buyers and sellers
B. Barriers to entry
C. Perfect information
D. Monopoly power
Correct Answer
A
Correct Option:
Many buyers and sellers

About This Question

This is Post Utme Unilag 2018 Geography Question 33. It is one of the objective questions from the 2018 Post Utme Unilag Geography examination.

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