You are in an industry where there is a large number of buyers and sellers dealing in homogeneous products or services under conditions of perfect information and free entry and exit. This is called

You are in an industry where there is a large number of buyers and sellers dealing in homogeneous products or services under conditions of perfect information and free entry and exit. This is called

You are in an industry where there is a large number of buyers and sellers dealing in homogeneous products or services under conditions of perfect information and free entry and exit. This is called




a) Pure monopoly
b) Oligopoly
c) Monopolistic competition
d) Perfect competition.




ANS D


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