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Suppose a single egg farmer alters the number of eggs they produce but the change in egg output does not have any effect on the
Suppose a single egg farmer alters the number of eggs they produce but the change in egg output does not have any effect on the market price. This example describes which of the following characteristics of perfect competition? a. homogeneous product b. mutual interdependence c. large number of small firms d. very easy entry and exit
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