Economy, asked by dampu5621, 11 months ago

Which of the following is not a condition of perfect competition?
(a) A large number of firms.
(b) Perfect mobility of factors.
(c) Informative advertising to ensure that consumers have good information.
(d) Freedom of entry and exit into and out of the market.

Answers

Answered by shubhu4629
0

Answer:

A large number of firms

Answered by Namanaren
0

Answer:

answer is (c)

as in perfect competition goods are homogeneous there is no need for advertising as advertising generally occurs to show one product superior over other but due to homogeneous product we do not want it in perfect competition

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