Economics WAEC

One of the characteristics of an imperfect market is the?
One of the characteristics of an imperfect market is the?One of the characteristics of an imperfect market is the?

A. large number of buyers and sellers in the market
B. awareness of market conditions by buyers
C. availability of substitutes
D. heterogeneity of products

Correct Answer:

Option D – heterogeneity of products

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