Perfect knowledge of events in a perfect market will be made possible by the existence of?

A. many buyers and sellers
B. homogeneous products
C. means of communication
D. large number of traders

Correct Answer: Option A

A. many buyers and sellers

Explanation

In a perfectly competitive market, there are many buyers and many sellers. In fact, the number of buyers and sellers is effectively infinite. This allows for the free flow of information in the market