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samanthakay samanthakay
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A year ago

Which of the following statements about a perfectly competitive firm is necessarily false?



▸

There are few substitutes for the firm's product.



▸

There are few complements to the firm's product.



▸

The firm produces the quantity at which marginal revenue equals marginal cost.



▸

The firm sells a product that is identical in the eyes of buyers to any other product sold in the industry.

Textbook 
Economics

Economics


Edition: 12th
Author:
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collegestudent1collegestudent1
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A year ago
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samanthakay Author
wrote...

A year ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
jcarter
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Yesterday
Helped a lot
Cdfields
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2 hours ago
Smart ... Thanks!
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