Which of the following statements is correct regarding the f

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Which of the following statements is correct regarding the features of a perfectly competitive market?
I. The market consists of a large number of buyers and sellers.
II. Information is perfect.

[SSC CHSL 14th March 2023 Shift-4 With Answers]

A

Only I

B

Neither I nor II

C

Both I and II

D

Only II

EXPLANATION

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