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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
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
