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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 Model of Perfect Competition Assumes That All Goods Produced
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The Model of Perfect Competition Assumes That All Goods Produced

Question 7

Question 7

True/False

The model of perfect competition assumes that all goods produced in an industry are physically identical, even though they are viewed by the buyers as being different.

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