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In a perfectly competitive market, which of the following statements is true? Options: A . Firms have some control over the price of their product.
In a perfectly competitive market, which of the following statements is true? Options: A Firms have some control over the price of their product. B There are significant barriers to entry for new firms. C Firms are price takers. D There is limited competition among firms. Don't use chatgpt or other ai tool. If you know correct answer then attempt if you gave wrong answer I will give dislikes and more from my friends account
In a perfectly competitive market, which of the following statements is true?
Options:
A Firms have some control over the price of their product.
B There are significant barriers to entry for new firms.
C Firms are price takers.
D There is limited competition among firms.
Don't use chatgpt or other ai tool. If you know correct answer then attempt if you gave wrong answer I will give
dislikes and more from my friends account
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