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Author Question: Which of the following is a characteristic of a perfectly competitive market? a. Homogeneous ... (Read 63 times)

imanialler

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on: Jun 30, 2018
Which of the following is a characteristic of a perfectly competitive market?
 a. Homogeneous products.
 b. Barriers to entry.
 c. Substantial expenditures on advertising.
  d. All of the above.

Question 2

It is difficult to practice arbitrage for untradable services or for goods which have a few knowledgeable traders.
  Indicate whether the statement is true or false


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al

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Reply #1 on: Jun 30, 2018
Answer to Question 1

a

Answer to Question 2

T


imanialler

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

xoxo123

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Reply 3 on: Yesterday
Excellent

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