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Which of the following is a feature of a perfectly competitive market?

Kss612

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Which of the following is a feature of a perfectly competitive market?

Which of the following is a feature of a perfectly competitive market?

▸ Each seller is too small to influence the market price.

▸ The government rations commodities.

▸ The product of each seller differs marginally from its rival products.

▸ There is only one seller of a commodity.

Textbook

Macroeconomics

Macroeconomics

Edition: 3^rd

Authors: Acemoglu, Laibson, List

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Marinaanderson0

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You make an excellent tutor!

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