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    Business
  3. Study Set
    The Economic Analysis of Public Policy
  4. Exam
    Exam 2: A Review of Markets and Rational Behavior
  5. Question
    Which of the Following Is Not an Assumption of Perfect
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Which of the Following Is Not an Assumption of Perfect

Question 1

Question 1

Multiple Choice

Which of the following is not an assumption of perfect competition


A) perfect information
B) many buyers and sellers
C) each product has a unique quality
D) freedom of entry and exit

Correct Answer:

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