1. Economists categorize an industry by three criteria: the number of firms in the industry, the type...
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1. Economists categorize an industry by three criteria:
the number of firms in the industry, the type of product sold, and barriers to entry. Using these three criteria, describe a perfectly competitive industry.
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Related Book For
Microeconomics
ISBN: 9780716759751
1st Edition
Authors: Austan Goolsbee, Steven Levitt, Chad Syverson
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