Suppose the firms in a real-world market do not sell a homogeneous product. Does it necessarily follow

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Suppose the firms in a real-world market do not sell a homogeneous product. Does it necessarily follow that the market is not perfectly competitive?

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Microeconomics

ISBN: 9781337617406

13th Edition

Authors: Roger A Arnold

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Question Posted: Apr 05, 2024 05:00 AM

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Suppose the firms in a real-world market do not sell a homogeneous product. Does it necessarily follow

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No A market doesnt have to perfectly match all assumptions of the theory ...View the full answer

Microeconomics

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