An intermediate market is perfect when:
A)there is no quality differences between inside and outside suppliers.
B)there is no quality differences between inside and outside customers.
C)buyers and sellers can sell any quantity without affecting the market price.
D)buyers and sellers are motivated to make decisions that are consistent with those of the organization.

Question

Quizplus · Accepted Answer

An intermediate market is perfect when buyers and sellers can sell any quantity without affecting the market price, as this indicates that the market is perfectly competitive. Quality differences between inside and outside suppliers or customers would not necessarily affect the market's ability to function, and buyer and seller motivation towards organizational consistency is not directly related to the characteristics of an intermediate market.

An Intermediate Market Is Perfect When