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Which of the following is not a characteristic of a purely competitive market?

Kyuubi

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Which of the following is not a characteristic of a purely competitive market?

Which of the following is not a characteristic of a purely competitive market?
A) A large number of firms
B) Homogeneous products
C) Each firm sets its own price
D) Freedom of entry and exit

Textbook

Microeconomics

Microeconomics

Edition: 2^nd

Author: James

Read 53 times

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