Question
What do Austrians think about the concept of perfect competition? a. They stress that this is a key concept for economics b. They argue that
What do Austrians think about the concept of “perfect competition”?
a. They stress that this is a key concept for economics
b. They argue that competition can at best be “almost perfect”
c. They find it a perverse concept because in “perfect competition” there is no competition at all
d. They propose to replace it with “imperfect competition”
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Accounting for Decision Making and Control
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78025745, 978-0078025747
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