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Which of the following are features of a perfect competitive market? (A) Free entry and exit of firms. (B) Huge selling cost. (C) perfectly elastic…

CUET UG 2025 — Economics Micro

2025mcqmedium

Which of the following are features of a perfect competitive market?

(A) Free entry and exit of firms.
(B) Huge selling cost.
(C) perfectly elastic demand curve.
(D) perfect market knowledge among buyers.

Choose the correct answer from the options given below:

Official previous-year question

Held on 30 May 2025 · Verified 13 Jul 2026.

Options

  1. A

    (A), (B) and (D) only

  2. B

    (B), (C) and (D) only

  3. C

    (A), (C) and (D) only

  4. D

    (A), (B), (C) and (D)

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