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Home Q & A Board Other Fields Homework Help Business Economics
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Loraine Loraine
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9 years ago
In part, perfect competition arises if
i.   each firm's minimum efficient scale is large relative to demand.
ii.   each firm produces a good or service identical to those produced by its many competitors.
iii.   there are significant barriers to entry.
A) i only
B) ii only
C) i and ii
D) iii only
E) ii and iii
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
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Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.
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SmooothSmoooth
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9 years ago
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8 years ago
Don't mention it Happy Dummy
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