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18 Aug 2020
Which of the following is not characteristic of a perfectly competitive market?
A. There are many buyers and many sellers
B. Firms are price-takers
C. There are no barriers to entry
D. Firms advertise in order to distinguish their products and increase market share
Which of the following is not characteristic of a perfectly competitive market?
A. There are many buyers and many sellers
B. Firms are price-takers
C. There are no barriers to entry
D. Firms advertise in order to distinguish their products and increase market share
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25 Sep 2020
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