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sam3359 sam3359
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A year ago
Which of the following statements is one of the assumptions of the theory of perfect competition?

▸ A firm's entry to the market is regulated by the federal Competition Bureau.

▸ Firms are price setters.

▸ Consumers know the prices charged by each firm.

▸ Firms compete with each other by varying their price.

▸ Firms produce a wide variety of versions of the product.
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Microeconomics

Microeconomics


Edition: 17th
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overlandtrailoverlandtrail
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A year ago
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sam3359 Author
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A year ago
Thank you, thank you, thank you!
mmmm_dat_userna
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Yesterday
Helped a lot
gefa
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2 hours ago
Smart ... Thanks!
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