What are the four strong assumptions upon which the model of a perfectly competitive firm rests?

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Agricultural Economics

ISBN: 978-0136071921

3rd edition

Authors: Evan Drummond, John Goodwin

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Question Posted: Apr 12, 2016 10:32 AM

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What are the four strong assumptions upon which the model of a perfectly competitive firm rests?

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1 There are a large number of buyers and sellers in the market 2 Each market participant b...View the full answer

Agricultural Economics

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