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18 Aug 2020
Which of the following is not one of the assumptions of a perfectly competitive market?
a)The product is homogeneous.
b)There is free entry and exit of firms.
c)There are a large number of buyers and sellers.
d)Firms know more about market prices and conditions that consumers do.
Which of the following is not one of the assumptions of a perfectly competitive market?
a)The product is homogeneous.
b)There is free entry and exit of firms.
c)There are a large number of buyers and sellers.
d)Firms know more about market prices and conditions that consumers do.
b)There is free entry and exit of firms.
c)There are a large number of buyers and sellers.
d)Firms know more about market prices and conditions that consumers do.
manhokwe tawandaLv10
28 Sep 2020
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