A perfectly competitive firm is described as a market with ______

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asked Mar 21, 2018 107k views

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Josoler · Answer 1 · 2018-03-25T05:40:52+0000

It describes a market with plenty of buyers and firms, identical products, price takers towards firms and consumers, and no set of barriers for new firms. The prices are established through the communication of the market's supply and demand.

A perfectly competitive firm is described as a market with ______

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