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A market is competitive if (i)firms have the flexibility to price their own product. (ii)each buyer is small compared to the market. (iii)each seller is
A market is competitive if (i)firms have the flexibility to price their own product. (ii)each buyer is small compared to the market. (iii)each seller is small compared to the market. O (i) and (iii) only O (ii) and (iii) only O All of the above are correct. O (i) and (ii) only
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