Question

pregunta 59 (2 puntos)
all of these are characteristics of perfect competition except
○ a dependent buyers and sellers
○ b standardized product
○ c many buyers and many sellers
○ d freedom to enter and exit the market

pregunta 60 (2 puntos)
the very first labor union was started in 1834 and it was called the ____.
○ a american federation league
○ b congress of industrial organizations
○ c knights of labor
○ d national trades union

Explanation:

For Question 59: Perfect competition requires independent buyers/sellers (no market power), so "dependent buyers and sellers" is not a characteristic.
For Question 60: The National Trades Union, founded in 1834, was the first U.S. labor union.

Answer:

a. dependent buyers and sellers
d. National Trades Union