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    Microeconomics Study Set 15
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    Exam 8: Firms in Perfectly Compitive Markets
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    Perfect Competition Is Characterised by All of the Following Except
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Perfect Competition Is Characterised by All of the Following Except

Question 134

Question 134

Multiple Choice

Perfect competition is characterised by all of the following except


A) heavy advertising by individual sellers.
B) homogeneous products.
C) sellers are price takers.
D) a horizontal demand curve for individual sellers.

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