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Tidy Tidy
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The perfectly competitive market structure benefits consumers because
A) firms do not produce goods at the lowest possible price in the long run.
B) firms are forced by competitive pressure to be as efficient as possible.
C) firms add a much smaller markup over average cost than firms in any other type of market structure.
D) firms produce high quality goods at low prices.
Textbook 
Essentials of Economics

Essentials of Economics


Edition: 4th
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