Post Utme Unilorin 2021 Economics Question 21

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

Post Utme Unilorin 2021 Economics Objective / Multiple Choice

Question 21 POST_UTME_UNILORIN • 2021 • ECONOMICS • objective

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

Answer Options

A. A \single price maker

Correct Answer B. Many buyers and sellers

C. A price setter

D. A monopolist

Correct Answer

Correct Option:

Many buyers and sellers

About This Question

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

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