问题
单项选择题
Which of the following is NOT a characteristic of perfect competition()
A. The products produced within a given market are homogenous.
B. The demand curve for an individual firm is a vertical line.
C. The size of each firm is small relative to the size of the overall market.
答案
参考答案:B
解析:
Under perfect competition individual firms have no control over price resulting in a demand schedule that is perfectly elastic or horizontal.