The existence of a lar>= number of buyers and sel<=rs in the perfectly competitive market means?

Each individual buyer and sel<=r is very small compared to the size of the market.

Only sel<=rs can influence the market by their size.

Individual buyer or sel<=r can influence the market by their size.

Each individual buyer and sel = compared to the size of the market.

Each individual buyer and sel<=r is very small compared to the size of the market.

CUET Economics - The existence of a large number of buyers and sellers in the perfectly competitive market means? | PYQs + Solutions

CUET Economics 2025 28 May Shift 2

Micro

Easy

Only sellers can influence the market by their size.

Individual buyer or seller can influence the market by their size.

Each individual buyer and seller is very large compared to the size of the market.

Each individual buyer and seller is very small compared to the size of the market.

✅ Correct Option: 4