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    Economics Principles and Policy Study Set 2
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    Exam 6: Demand and Elasticity
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    When the Goods of Competing Companies Are Identical, Consumers Have
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When the Goods of Competing Companies Are Identical, Consumers Have

Question 97

Question 97

True/False

When the goods of competing companies are identical, consumers have no reason to prefer one product over the other, so the demand curve for each manufacturer will be perfectly elastic.

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