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2 Mar 2018
15) Which one of the following does not occur in perfect competition? A) Sellers and buyers are well informed about prices. B) No single firm can exert a significant influence on the market price of the good, Established firms have no advantage over new ones. D) There are significant restrictions on entry into the market. E) There are many buyers
15) Which one of the following does not occur in perfect competition? A) Sellers and buyers are well informed about prices. B) No single firm can exert a significant influence on the market price of the good, Established firms have no advantage over new ones. D) There are significant restrictions on entry into the market. E) There are many buyers
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