Which of the following is not a feature of a perfect market?

Which of the following is not a feature of a perfect market?
  • A.
    large number of buyersand sellers
  • B.
    Homogeneity of products
  • C.
    Preferential treatment
  • D.
    Absence of transport cost
  • E.
    Perfect knowledge of market situation
Correct Answer: Option C
Explanation
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