Utme 2017 Economics Question 8

Practice objective / multiple choice question 8 from the 2017 Utme Economics examination. This question covers Market Structures .

Utme 2017 Economics Objective / Multiple Choice 2 Difficulty
Topic: Market Structures
Question 8 UTME • 2017 • ECONOMICS • objective

One of the characteristics of an imperfect market is the

Answer Options

Correct Answer A. availability of substitutes
B. large number of buyers and sellers in the market
C. free entry of producers
D. awareness of market conditions by buyers
Correct Answer
A
Correct Option:
availability of substitutes

About This Question

This is Utme 2017 Economics Question 8. It is one of the objective questions from the 2017 Utme Economics examination.

The question covers Market Structures .

Difficulty level: 2 .

View More Utme 2017 Economics Questions More Utme Practice Questions Back to Questions

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