thumbnail

PCM Factors

economics
Quiz by efbepp
Rate:
Last updated: March 7, 2022
First submittedMarch 5, 2022
Times taken0
Report this quizReport
4:00
Factors
0
 / 5 guessed
The quiz is paused. You have remaining.
Scoring
You scored / = %
This beats or equals % of test takers also scored 100%
The average score is
Your high score is
Your fastest time is
Keep scrolling down for answers and more stats ...
Answer
Large number of buyers and sellers
Perfectly homogenous goods
No barriers to enter or exit
Resources are perfectly mobile
Buyers seek to maximise satisfaction and sellers seek to maximise profit
No comments yet