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For perfect competition to arise, it is necessary that market demand be A) large relative to the minimum efficient scale of a single firm. B)
- For perfect competition to arise, it is necessary that market demand be A) large relative to the minimum efficient scale of a single firm.
- B) inelastic.
- C) small relative to the minimum efficient scale of a single firm. D) elastic.
- E) perfectly elastic.
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Understanding Globalization The Social Consequences Of Political, Economic, And Environmental Change
Authors: Robert K Schaeffer
4th Edition
0742561801, 9780742561809
