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Topic: Do you think oranges belongs to perfect competition?Use 2 of the basic characteristics of perfect competition (number of sellers, type of product, and barriers

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  1. Do you think oranges belongs to perfect competition?Use 2 of the basic characteristics of perfect competition (number of sellers, type of product, and barriers to entry) to justify the answer.
  2. List 2 goods that you believe do NOT belong in perfect competition.Use one of the basic characteristics characteristics of perfect competition (number of sellers, type of product, and barriers to entry) to explain why those good don't belong to perfect competition.

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