Describe the effects of the Internet on the empirical relevance of perfect competition. Focus specifically on how

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Describe the effects of the Internet on the empirical relevance of perfect competition. Focus specifically on how the Internet has affected the availability of price and product information, whether it has increased or decreased search costs and other transaction costs and whether it has increased the ability of large numbers of buyers and sellers to interact.

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Managerial Economics and Strategy

ISBN: 978-0134167879

2nd edition

Authors: Jeffrey M. Perloff, James A. Brander

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