Microeconomics (with Digital Assets, 2 terms (12 months) Printed Access Card) (MindTap Course List)
Microeconomics (with Digital Assets, 2 terms (12 months) Printed Access Card) (MindTap Course List)
12th Edition
ISBN: 9781285738352
Author: Roger A. Arnold
Publisher: Cengage Learning
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Chapter 9.1, Problem 4ST
To determine

Explain if it is necessary to follow all the assumptions of a perfectly competitive market and if it is not, and whether it is considered a perfectly competitive market.

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