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Identical products, as well as a large number of buyers and sellers, are characteristics of a market. In such markets, sellers of goods influence the
Identical products, as well as a large number of buyers and sellers, are characteristics of a market. In such markets, sellers of goods influence the prevailing market price, giving them the role of price in the market. True or False: The market for rice does not exhibit the two primary characteristics that define perfectly competitive markets
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