Business, 02.03.2020 21:57 chris4212

1. Markets and competition Identical products, as well as a large number of buyers and sellers, are characteristics of a perfectly competitive market. In such markets, sellers of goodscan influence the prevailing market price, giving them the role of price takers in the market. True or False: The market for digital cable does not exhibit the two primary characteristics that define perfectly competitive markets. True False

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1. Markets and competition Identical products, as well as a large number of buyers and sellers, are...