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    Question

    Which of the following is not the characteristics of

    perfect market?
    A Large Number of Buyers and sellers Correct Answer Incorrect Answer
    B Homogeneous Product Correct Answer Incorrect Answer
    C Free Entry or Exit Correct Answer Incorrect Answer
    D Perfect Knowledge Correct Answer Incorrect Answer
    E Demand Curve of Perfect Competition Market is Completely Vertical Correct Answer Incorrect Answer

    Solution

    Demand Curve of Perfect Competition Market is Completely Horizontal.

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