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Which of the following assumptions about perfect knowledge is true? Part 2 A. Firms possess knowledge of all available information concerning wage rates, capital costs,
Which of the following assumptions about perfect knowledge is true? Part 2 A. Firms possess knowledge of all available information concerning wage rates, capital costs, and output prices. B. Firms and households possess all of the information they need to make market choices. C. Households possess knowledge of the qualities and prices of everything available in the market. D. All of the above
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