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  3. Study Set
    Principles of Economics Study Set 12
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    Exam 6: The Supply Curve and the Behavior of Firms
  5. Question
    A Competitive Market Is
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A Competitive Market Is

Question 124

Question 124

Multiple Choice

A competitive market is


A) one in which firms cannot change output levels.
B) any market with several firms in it.
C) a market with a single firm.
D) one in which a single firm cannot influence market price.
E) one in which consumers compete to buy goods and services.

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