During our time spent discussing the perfect competition model, we covered potentially serious problems with its conclusions and implications.

During our time spent discussing the perfect competition model, we covered potentially

            serious problems with its conclusions and implications. All of the following are

            criticisms of this theory except: (2 points)

           A) overly unrealistic assumptions

           B) reduces economic welfare

           C) ignores the entrepreneur

           D) the theory focuses too much on the number of sellers instead of the process of

                 production that leads to the satisfaction of consumer demand

           E) all of the above are legitimate criticisms of the model