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17 Feb 2020
Which of the following assumptions is inconsistent with a perfectly competitive market?
a) Product differentiation.
b) freedom of entry or exit for firms.
c) a large number of buyers and sellers.
d) price-taking behavior.
Which of the following assumptions is inconsistent with a perfectly competitive market?
a) Product differentiation.
b) freedom of entry or exit for firms.
c) a large number of buyers and sellers.
d) price-taking behavior.
Jean KeelingLv2
17 Feb 2020
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