Question

)Complete the correlation: (5)

2) Perfect competition : free entry and exit :: __________ barriers to entry.

3) Transportation of good: Place utility: :Teacher’s teaching :

4) Increased taxes: Decreased in demand::Concessions in taxes:

5) Theoretical difficulty : Transfer payments : :___________ valuation of inventories.

6) )MoneyMarket: Short termfunds:: :Longtermfunds​

Answer 1

Answer:

perfect competition market :

freedom of entry and exit

No barriers to entry.