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pocaralho pocaralho
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5 years ago
Which of the following statements about the perfect competitor is INCORRECT?
A) The perfectly competitive firm is always a price taker.
B) The perfect competitor sells a homogeneous commodity.
C) If an individual firm raises price, it will lose business.
D) The products made by a perfectly competitive firm have no close substitutes.
Textbook 
Economics Today: The Micro View

Economics Today: The Micro View


Edition: 19th
Author:
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amandamrazamandamraz
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5 years ago
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