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    Principles of Microeconomics
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    Exam 14: Firms in Competitive Markets
  5. Question
    What Is a Characteristic of a Perfectly Competitive Market
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What Is a Characteristic of a Perfectly Competitive Market

Question 67

Question 67

Multiple Choice

What is a characteristic of a perfectly competitive market


A) Firms are price setters.
B) Firms have difficulty entering the market.
C) There are not many sellers in the market.
D) Goods offered for sale are largely the same.

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