Q.
1

A.firms are small relative to the total market

B.no firm has any market power

C.there is easy entry and exit in the market

D.few firms have market power

E.there is no easy entry and exit in the market

Choose the most appropriate answer from the options given below:

  • A

    A, C and E only

  • B

    B and C only

  • C

    A and B only

  • D

    A and C only