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An individual seller in perfect competition will not sell at a price lower than the market price because A) demand for the product will exceed
An individual seller in perfect competition will not sell at a price lower than the market price because
A) demand for the product will exceed supply.
B) the seller would start a price war.
C) the seller can sell any quantity she wants at the prevailing market price.
D) demand is perfectly inelastic.
thank you.
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