What conditions must be added to Pure Competition to achieve Perfect Competition?

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asked Mar 20, 2022 190k views

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Marko Milojevic · Answer 1 · 2022-03-25T16:17:37+0000

1) many firms produce identical products; (2) many buyers are available to buy the product, and many sellers are available to sell the product; (3) sellers and buyers have all relevant information to make rational decisions about the

What conditions must be added to Pure Competition to achieve Perfect Competition?

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