A perfect market is one in which __________.

• A. ne firm develops an advantage based on a factor of production that other firms cannot purchase
• B. ne participant in the market has more resources than the others
• C. here are no competitive advantages or asymmetries because all firms have equal access to all the factors to production
• D. ompetition is at a minimum, as each niche market within an industry is served by the company with the greatest competitive advantage