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Pure competition is the competitive situation in which Multiple Choice one or fow sellers compete solely on nonprice foctors. few sellers sre sensive to one

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Pure competition is the competitive situation in which Multiple Choice one or fow sellers compete solely on nonprice foctors. few sellers sre sensive to one another's prices. many seliers follow market prike for idenscal, commodity products. many seliers compete on nonperce tactors. che seller sets vee once for an unque product

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