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Business, 21.05.2020 03:03 kenariachrista

List three conditions for perfect competition. Instructions: You may select more than one answer.1. There is only one firm that makes up the entire market.2. There are high barriers to entry.3. Firms’ products are differentiated.4. There are no barriers to entry.5. Both buyers and sellers are price takers.6. Firms engage in strategic decision making.7. Firms’ products are identical.

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List three conditions for perfect competition. Instructions: You may select more than one answer.1....
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