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In perfect competition, _______. Question content area bottom Part 1 A. each firm knows its price but its competitors don't B. many firms sell the

In perfect competition, _______. Question content area bottom Part 1 A. each firm knows its price but its competitors don't B. many firms sell the same quantity of similar goods but they charge slightly different prices C. firms can choose to enter the industry but they cannot choose the price at which to sell their good D. firms already in business have advantages over firms that plan to enter the industry

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