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The Figure Given Below Shows the Aggregate Demand and Supply

Question 4

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The figure given below shows the aggregate demand and supply curves of a perfectly competitive market.Figure 10.7
The figure given below shows the aggregate demand and supply curves of a perfectly competitive market.Figure 10.7 -An individual firm in perfect competition can exercise a significant control over the market price of the good.
-An individual firm in perfect competition can exercise a significant control over the market price of the good.

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