Imagine that you set up your own business. Assume that your firm produces a single product. Please discuss in detail whether the market for your product satisfies the basic assumptions of perfectly competitive markets one by one.

Principles Of Marketing
17th Edition
ISBN:9780134492513
Author:Kotler, Philip, Armstrong, Gary (gary M.)
Publisher:Kotler, Philip, Armstrong, Gary (gary M.)
Chapter1: Marketing: Creating Customer Value And Engagement
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Imagine that you set up your own business. Assume that your firm produces a single product. Please discuss in detail whether
the market for your product satisfies the basic assumptions of perfectly competitive markets one by one.
Transcribed Image Text:Please provide your answers on a single page. Additional pages will not be rewarded. Question: Imagine that you set up your own business. Assume that your firm produces a single product. Please discuss in detail whether the market for your product satisfies the basic assumptions of perfectly competitive markets one by one.
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