Perfect competition is analytically elegant. a. What percentage of an economys total production do you think is
Question:
Perfect competition is analytically elegant.
a. What percentage of an economy’s total production do you think is provided by perfectly competitive firms?
b. Based on your answer to
a, why does the text spend so much time on perfect competition? (Institutionalist)
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Related Book For 
Introduction To Information Systems
ISBN: 9781118674369
5th Edition
Authors: R. Kelly Rainer, Brad Prince, Casey G. Cegielski
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