Question

Number of Firms Producing identical product​

Answer 1

Answer:

Features of perfect competition include:

Large number of firms

Homogeneous product

Uniform price

Freedom of entry and exit

Perfect knowledge of industry conditions

Poor barriers to entry

Explanation:

Answer 2

Number of firms producing identical product is Two And features of include perfect competition

Explanation:

                Numerous  firms deliver separated items whereas numerous firms deliver indistinguishable merchandise . A proposed by the title , indistinguishable products see precisely the same that' s they have same characteristics , same highlights . There are two firms producing identical goods  . And firms has the cost structure TC(q)=q^2+30... Too , there is a huge number of buyers and dealers in a flawlessly  competition market  . So , the right financial term for the number  of firms creating an indistinguishable item is 'Perfect competition'.