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Question 27 Not yet answered Marked out of 1.00 P Flag question If a firm sells its output in a market that is characterized by many sellers and buyers, a homogeneous product and easy entry and exit, then the firm is a: Select one: a. Oligopoly b. Monopolistic Competitor. C. Monopolist. d. Perfect Competitive. Question 28 Not yet answered Time left 1:33:07 Marked out of 1.00 Flag question Supply chain management provides significant cost reductions for firms in all of the following EXCEPT: Select one: a. Information costs b. Coordination costs C. Transaction costs O d. Fixed costs