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QUESTION

QUESTION 11 Which of the following features of an industry doesnotcharacterize a perfectly competitive market?

QUESTION 11

  1. Which of the following features of an industry does not characterize a perfectly competitive market?
  2. A.Heterogeneous products.
  3. B.No barriers to entry.
  4. C.Every firm in the industry is a price taker.
  5. D.A large number of buyers and sellers.
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