Business, 25.11.2019 22:31 myzirajackson39

1. classify each statement according to whether or not it is an assumption made under perfect competition (aka pure competition or competitive industry). assumed in perfect assumed in perfect competition -a small number of producers -significant barriers to entry -many buyers -firms selling similar but different goods -price taking behavior

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1. classify each statement according to whether or not it is an assumption made under perfect compet...