Which of the following is most likely to be characterized by perfect competition?
A) the market for shoes
B) the market for autos
C) the market for fish products
D) the retail trade
E) local utilities
C
Business
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About 25% of the world population is included in the low-income economic countries category as per the World Bank classification system
Indicate whether the statement is true or false
Business
Many services are performed by humans. As a result, they can vary from purchase occasion to occasion. This characteristic of services is referred to as:
A) inseparability. B) intangibility. C) nonstandardization. D) difficulty of inventorying.
Business