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6 33; In a perfectly competitive market, if a firm decreases the quantity produced this will result in 1. either an increase or no effect
6 33; In a perfectly competitive market, if a firm decreases the quantity produced this will result in 1. either an increase or no effect in the market price depending on the number of firms in the market. 2. a decrease of the market price. 3. an increase of the market price. 4. no effect in the market price. 5. All of the above
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