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Can someone help me with an example of a competitive market in the real world ? Using concepts like average or marginal revenue, explicit and
Can someone help me with an example of a competitive market in the real world ? Using concepts like average or marginal revenue, explicit and implicit costs, total revenue and costs, production function, marginal product, law of diminishing marginal product, fixed costs, variable costs, economies of scale, constant returns to scale, and diseconomies of scale
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