The cosmetics industry is not considered by economists to be a good example of perfect competition because?

(A) firms spend a large amount of money on advertising.
(B) profit margins are very high for both producers and retailers.
(C) there are a very large number of firms in the industry.
(D) there are many government health controls on cosmetic products.

»Important Links:

Latest Jobs in PakistanGovt Jobs in PakistanPrivate Jobs in Pakistan
NTS JobsPPSC JobsFPSC Jobs
Teaching JobsNADRA JobsBank Jobs
English McqsGeneral Knowledge McqsPak Studies Mcqs
Current Affairs McqsCurrent Affairs Mcqs PDFCurrent Affairs of Pakistan
Books PDFNotes PDFIslamic Studies Mcqs

Leave a Reply

Your email address will not be published. Required fields are marked *

error: Content is protected !!