Supply and Demand(Elijahcox100) Flashcards

Supply and Demand(Elijahcox100)

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Question

List a conditions for perfect competition.

Answer

unlimited competition, large number of small firms, identical products, no barrier to entry

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Supply and Demand(Elijahcox100)

0 / 32

Question

Answer

unlimited competition, large number of small firms, identical products, no barrier to entry

Know itStill learning

Card 1 of 32