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Mashutka [201]
2 years ago
6

Which statements describe characteristics of pure competition? Check all that apply.

History
2 answers:
baherus [9]2 years ago
4 0

Answer:The probable answers would be:

Prices are set by supply and demand alone.

Producers provide identical goods to consumers. 

There are many producers, and each has a small market share. 

Explanation:Because in a pure competition many sellers are in the market competition and they sell the same products with the same price. Also buyers and sellers could not influenced the price of the products due to the reason that there are a lot of sellers and buyers and no one could monopolize the selling and there is the government that regulate

Olin [163]2 years ago
3 0

Answer:

1. Prices are set by supply and demand alone.

3. Producers provide identical goods to consumers.

4. There are many producers, and each has a small market share.

6. It is a theoretical state that is only approximated in the real world.

Explanation:

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