Relative to other market structures, perfectly competitive markets have which of the following properties? correct answer(s)
firms are very large relative to the market.
entering and exiting the market are relatively easy.
firms are price takers, or they have no control over price.
firms produce differentiated products.
firms produce similar or standardized products.
firms have significant price control.
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Relative to other market structures, perfectly competitive markets have which of the following prope...
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