Which one of the following is a competitive market?

✅ Explanation: A perfect market is a theoretical market structure in which there are many buyers and sellers, all of whom have perfect information about the market and the product. This means that there is no competition between buyers or sellers, and the price of the product is determined by supply and demand.

📌 Other Options Explanations:
-(b) Primary market: This is where new securities are issued and sold for the first time.
-(c) Capital market: This is a market for long-term financial instruments like stocks and bonds.
-(d) Wholesale market: This is a market where goods are sold in bulk to retailers or other businesses. While there can be competition among wholesalers.