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    Business
  3. Study Set
    Managerial Economics
  4. Exam
    Exam 7: Market Structure: Perfect Competition, Monopoly, and Monopolistic Competition
  5. Question
    The Combination of Product Homogeneity and Perfect Knowledge Ensure That
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The Combination of Product Homogeneity and Perfect Knowledge Ensure That

Question 19

Question 19

True/False

The combination of product homogeneity and perfect knowledge ensure that a single price will prevail on a perfectly competitive market.

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