a
a purely competitive market
b
a market in which demand elastic at all prices
c
an imperfectly competitive markket
d
a market in which companies produce homogeneous commodities
Explanation
Correct Option
dNo explanation available
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Discussions (3)
Tubdul07
6 years ago
Wrong! It can never be D.
Because the curve above is the curve of a firm operating in an imperfect market,where they sell heterogenous goods. Not homogenous.
the answer should be C.
