ACTUAL WGU C211 OA Global Economics Exam Latest QUESTONS, ANSWERS AND EXPLANATIONS (2024 / 2025) (Verified Answers)
ACTUAL WGU C211 OA Global Economics Exam Latest QUESTONS, ANSWERS AND EXPLANATIONS (2024 / 2025) (Verified Answers) 1. Which of the following is NOT a characteristic of a perfectly competitive market? A) Many buyers and sellers B) Homogeneous (identical) products C) Barriers to entry D) Perfect information Answer: C) Barriers to entry Explanation: In a perfectly competitive market, there are no barriers to entry. This means that new firms can enter the market freely, leading to many buyers and sellers, homogeneous products, and perfect information.
Escuela, estudio y materia
- Institución
- WGU C211
- Grado
- WGU C211
Información del documento
- Subido en
- 29 de marzo de 2024
- Número de páginas
- 44
- Escrito en
- 2023/2024
- Tipo
- Examen
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- Preguntas y respuestas
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actual wgu c211 oa global economics solutions
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