In perfect competition, the product of a single firm Select one: a. has many perfect complements produced by other firms. b. is sold under many differing brand names. c. is sold to different customers at different prices. d. has many perfect substitutes produced by other firms.

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A: We will answer the first question since the exact one was not specified. Please submit a new…

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A: Thank You for the question. According to Bartleby answering guidelines, we are required to answer…