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Imagine that you set up your own business. Assume that your firm produces a single product. Please discuss in detail whether the market for your
Imagine that you set up your own business. Assume that your firm produces a single product. Please discuss in detail whether the market for your product satisfies the basic assumptions of perfectly competitive markets one by one. I need one page answer. please help my homework. 1.many sellers and buyers 2.price taker 3.freeantry and exit 4.product homogeneity 5.perfectly information.
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