Business
Business, 19.02.2020 06:03, kukisbae

1) Markets and competition In a perfectly competitive market, all producers sell goods or services. (perfectly identical/different) 2) Additionally, there are buyers and sellers.(few, many) 3) Because of these two characteristics, both buyers and sellers in perfectly competitive markets are price .(takers, makers)
4) The market for lettuce does not exhibit the two primary characteristics that define perfectly competitive markets. True / false

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Answers: 1

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1) Markets and competition In a perfectly competitive market, all producers sell goods or services....

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