NO IMAGE UPLOAD SHOW MATH CALCULATION 2ND TIME POST 1ST ONE IS USING AI TOOLS SO I WAS REPORT AND MAIL TO COURSEHERO HIS ID WILL REVOKE AS SOON AS POSSIBLE SO DONT USE AI TOOLS OTHERWISE I LL REPORT IT DIRECTLY.* *answer in well format with explanation and conclusion.ALSO DO NOT USE COPY WHILE ANSWERING.*

WE HAVE AI DETECTOR TOOLS AND DNT REWRITE ANSWER

Q

Perfect competition is a market in which there are _____ firms, each selling _____ product; many buyers; _____ to the entry of new firms into the industry; no advantage to established firms; and buyers and sellers _____ about prices.

A.

few; differentiated; barriers; are well informed

B.

many; identical; barriers; have no information

C.

few; differentiated; no barriers; have no information

D.

many; identical; no barriers; are well informed