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Which of the following is NOT an assumption that we make when we talk about Perfect Competition a . Firms can impact prices by changing
Which of the following is NOT an assumption that we make when we talk about Perfect
Competition
a Firms can impact prices by changing their marginal costs
b Firms make identical products
c There is no barriers to entry
d The number of firms in the market does not change in the short run
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Analysis Of Economic Data
Authors: Gary Koop
3rd Edition
0470713895, 9780470713891
