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16 Mark this question Which of the following is a reason why firms in a perfectly competitive market have no influence over price? There are
16 Mark this question Which of the following is a reason why firms in a perfectly competitive market have no influence over price? There are many sellers that produce similar, but not identical, products. Barriers exist to enter the market. Buyers and sellers lack perfect information about the product and pricing. All firms in the market sell identical products. SAVE & CONTINUE
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Economics
Authors: John Sloman, Alison Wride
7th edition
978-027372130, 273721305, 978-0273721307
