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The existence of a large number of buyers and sellers in the perfectly competitive market means?

CUET UG 2025 — Economics Micro

2025mcqeasy

The existence of a large number of buyers and sellers in the perfectly competitive market means?

Official previous-year question

Held on 28 May 2025 · Verified 13 Jul 2026.

Options

  1. A

    Only sellers can influence the market by their size.

  2. B

    Individual buyer or seller can influence the market by their size.

  3. C

    Each individual buyer and seller is very large compared to the size of the market.

  4. D

    Each individual buyer and seller is very small compared to the size of the market.

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