Select all that apply select the items that describe perfect competition identical products one seller open entry and exit price taker

A perfect competition market is defined by the following characteristics:

A perfect competition market is constituted by an elevated number of both sellers and buyers. There are no entry or exit barriers, and this is why the number of competitors is so high. Moreover, the product they all commercialize is exactly the same. These firms are price takers, because they cannot influence the market price of its product, and is it the demand function and the desires and income of consumers what defines the market equilibrium (market price and the amounts produced and supplied).

the anti federalists was a movement that was opposed to the creation of a us federal government. although they were not as organized as the federalists, they also had a large group of leaders, especially in state politics.

the statement "now, in a large extended country, it is impossible to have a representation, possessing the sentiments, and of integrity, to declare the minds of the people” represents the concerns of the anti federalists.

they strongly believed that the federalists were representing the interests of aristocratic elements of society at the expense of the majority of ordinary people, who lived in a rural society.

their fear for the creation of a strong federal government and the president’s power of veto in their opinion would create a tyrannical rule that would dominate the people. they defended the importance of restraining the government’s power towards people at any cost.