[Solved] Perfect competition means -

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Q.	Perfect competition means -
A.	large number of buyers and less sellers
B.	large number of buyers and sellers
C.	large number of sellers and less buyers
D.	None of these
Answer» B. large number of buyers and sellers
Explanation: The fundamental condition of perfect competition is that there must be a large number of sellers or firms. Homogeneous Commodity is the second fundamental condition of a perfect market.

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