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Perfectly competitive firms: Multiple Choice can influence the prices of other firms in the same industry by altering their own prices. will succeed by charging

Perfectly competitive firms: Multiple Choice can influence the prices of other firms in the same industry by altering their own prices. will succeed by charging a price higher than that charged by the rest of the market. are price takers, since they are not large enough to influence the market price. are individually able to influence the market price

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