Which of the following is NOT an assumption of perfectly competitive markets?
A) many buyers and many sellers
B) no restriction on entry
C) complete information about prices
D) new entrants have higher costs
D
Economics
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The Fed conducts an open market purchase of securities of $5,000. If the currency drain ratio is 0 percent and the desired reserve ratio is 10 percent, then the total increase in the quantity of money is
A) $4,000. B) $5,000. C) $20,000. D) $50,000. E) $10,000.
Economics
The relationship depicted in the above figure is
A) a negative linear relationship B) a positive linear relationship C) a positive becoming less steep relationship D) a positive becoming steeper relationship
Economics