3. Perfect competition is analytically elegant. a. What percentage of an economys total production do you think

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3. 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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Microeconomics

ISBN: 9780077501808

9th Edition

Authors: David Colander

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Question Posted: Oct 15, 2024 02:00 AM

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3. Perfect competition is analytically elegant. a. What percentage of an economys total production do you think

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Microeconomics

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