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    Micro economics 2
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    Exam 8: Understanding Market Structures and Firm Behavior
  5. Question
    Individual Firm Has No Control on the Price of the Commodity
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Individual Firm Has No Control on the Price of the Commodity

Question 11

Question 11

Multiple Choice

Individual firm has no control on the price of the commodity in the market is a condition of


A) Perfect competition
B) Monopoly
C) Monopolistic competition
D) Bilateral monopoly

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