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In a perfectly competitive market, an individual firm (i) is able to influence the price of the good it sells. (ii) sells goods that are
In a perfectly competitive market, an individual firm (i) is able to influence the price of the good it sells. (ii) sells goods that are perfect substitutes for the goods produced by other firms. (iii) can prevent other firms from producing the good it sells by invoking patent or copyright law. Group of answer choices (i). (iii). (ii) and (iii). (ii)
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