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    Principles of Microeconomics Study Set 4
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    Exam 9: Competitive Markets for Goods and Services
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    The Assumptions of Perfect Competition Imply That
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The Assumptions of Perfect Competition Imply That

Question 57

Question 57

Multiple Choice

The assumptions of perfect competition imply that:


A) individuals in the market accept the market price as given.
B) individuals can influence the market price.
C) the price will be a fair price.
D) the price will be low.

Correct Answer:

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