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AP Microeconomics
Unit 3 – Production, Cost, and the Perfect Competition Model
Topic 3.7
Which of the following is a characteristic of perfect competition?
Free entry and exit
Collusion among firms
Monopolistic control
Product differentiation
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AP Microeconomics - 3.7 Perfect Competition
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Perfect Competition
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About Us
About Fiveable
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Careers
Testimonials
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Terms of Use
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CCPA Privacy Policy
Resources
Cram Mode
AP Score Calculators
Study Guides
Practice Quizzes
Glossary
Crisis Text Line
Request a Feature
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© 2024 Fiveable Inc. All rights reserved.
AP® and SAT® are trademarks registered by the College Board, which is not affiliated with, and does not endorse this website.
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