Ask Question
14 August, 15:07

In a perfectly competitive market, all producers sell very different goods or services. additionally, there are many buyers and sellers. because of these two characteristics, both buyers and sellers in perfectly competitive markets are pricemakers. true or false: the market for public utilities, like gas and electricity, does not exhibit the two primary characteristics that define perfectly competitive markets.

+1
Answers (1)
  1. 14 August, 17:59
    0
    Pretty sure it's false because there is some competition between electric and gas companies.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “In a perfectly competitive market, all producers sell very different goods or services. additionally, there are many buyers and sellers. ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers