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Author Question: The theory of perfect competition is built on several assumptions, including that (Read 53 times)

Dannyrod2

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The theory of perfect competition is built on several assumptions, including that
◦ each firm must earn economic profits to remain in the industry.
◦ the individual firm can influence demand by advertising.
◦ the individual firm can affect the price of the product it sells.
◦ there are few producers of an identical product.
◦ any firm can easily enter or leave the industry.


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Marked as best answer by Dannyrod2 on Oct 12, 2022

iamkarenvv

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Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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Dannyrod2

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Reply 2 on: Oct 12, 2022
Wow, this really help


Liamb2179

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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