Which of the following is NOT as assumption of the model of perfect competition? Many buyer and many sellers Buyers and sellers act independently of one another The products in the market are differentiated Price information is easily available to everyone Question 27! Which of the following is an example of an institution that affects the relative bargaining power between a worker and her employer? The calories required by a worker to be productive in her job. The worker deciding she'd rather have more vacation and less income. Increasing the level of technology used by buying a new machine. OA new law that increases the minimum wage