Existence of large number of buyers and sellers andhomogenous product is a feature of :

– by
Question:

Existence of large number of buyers and sellers andhomogenous product is a feature of :

A.

Monopoly

B.

Duopoly

C.

Perfect Competition

D.

Oligopoly

Answer» c. Perfect Competition

Note: The above multiple-choice question is for all general and Competitive Exams in India.