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18 Aug 2020
Which of the following is NOT a characteristic of a perfectly competitive market?
Select one:
a. It is difficult for a firm to enter or leave the market.
b. Each firm is a price taker.
c. There are many buyers and sellers in the market.
d. The products sold by the firms in the market are homogeneous.
Which of the following is NOT a characteristic of a perfectly competitive market?
Select one:
a. It is difficult for a firm to enter or leave the market.
b. Each firm is a price taker.
c. There are many buyers and sellers in the market.
d. The products sold by the firms in the market are homogeneous.
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7 Nov 2020
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