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    Microeconomics Theory and Applications Study Set 2
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    Exam 9: Profit Maximization in Perfectly Competitive Markets
  5. Question
    Which One of the Following Is Not an Assumption of the Competitive
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Which One of the Following Is Not an Assumption of the Competitive

Question 49

Question 49

Multiple Choice

Which one of the following is not an assumption of the competitive model?


A) Homogenous products
B) Unrestricted mobility of resources
C) Economies of scale
D) Perfect information

Correct Answer:

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