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प्रश्न
Which of the following is a clear sign of an imperfectly competitive market?
पर्याय
Firms are pure price takers with no control over price
Products of all firms are homogeneous
There are strong legal or financial barriers to entry
Buyers have perfect information about all goods
MCQ
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उत्तर
There are strong legal or financial barriers to entry
Explanation:
Barriers to entry and exit, such as legal or financial obstacles, are one of the main conditions that make a market imperfectly competitive.
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