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    ECON MICRO
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    Exam 8: Perfect Competition
  5. Question
    Which of the Following Is Likely to Be Present in a Perfectly
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Which of the Following Is Likely to Be Present in a Perfectly

Question 44

Question 44

Multiple Choice

Which of the following is likely to be present in a perfectly competitive market?


A) patents
B) government licenses
C) non-price competition such as advertising
D) high capital costs
E) commodities

Correct Answer:

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