From the resource allocation view point, perfect competition is preferable because
| A. | There is no restriction on entry and exit of firms |
| B. | There is a whole variety of output produced |
| C. | The firms operate at excess capacity levels |
| D. | There is no idle capacity |
Answer : D Explanation : |
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Option: A Explanation : Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here. |
