Business, 28.11.2019 01:31 Greghairston4839

Relative to other market structures, perfectly competitive markets have which of the following properties? correct answer(s)
a. entering and exiting the market are relatively easy.
b. firms produce similar or standardized products.
c. firms are price takers, or they have no control over price.
d. firms have significant price control.
e. firms are very large relative to the market.
f. firms produce differentiated products.

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Relative to other market structures, perfectly competitive markets have which of the following prope...

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