Which of the following correctly differentiates perfect competition from other types of economic markets? (1 point)

O Only in perfect competition do businesses sell identical products.
O Only in perfect competition is there only one large business producing a particular product.
O Only in perfect competition do consumers have little knowledge of the product being sold.
O Only in perfect competition is it difficult for businesses to enter the market.

The correct answer is: Only in perfect competition is it difficult for businesses to enter the market.