Exam L4M6 Topic 6 Question 35 Discussion

Actual exam question for CIPS's L4M6 exam
Question #: 35
Topic #: 6
Which of the following statements are true of a market place which is considered a 'perfect competition'? Select TWO.

Suggested Answer: A,C Vote an answer

In a 'perfect competition' there are no barriers to entry or exit, and competition is at its highest possible level. For more information on different types of market see p.40

by Justin at Jul 07, 2025, 03:37 AM

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