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If demand for a seller's product is perfectly elastic, which of the following is correct? 1) It will not sell any output at all if

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If demand for a seller's product is perfectly elastic, which of the following is correct? 1) It will not sell any output at all if it tries to price its product above the market price 2) There are a very large number of O perfect substitutes for the seller's product. 3) There is no incentive to sell at a price below the market price 4) All the answers are correct.

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X If demand for a seller's product 0/2 is perfectly elastic, which of the following is correct? It will not sell any output at all if it 0 tries to price its product above the market price There are a very large number of 0 perfect substitutes for the seller's product

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