The perfectly competitive model is not very useful for managers because very few markets in the U.S.

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The perfectly competitive model is not very useful for managers because very few markets in the U.S. economy are perfectly competitive." Do you agree with this statement? Explain. Regardless of whether you agree, what lessons can managers learn by studying perfectly competitive markets?
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Managerial Economics

ISBN: 978-0133020267

7th edition

Authors: Paul Keat, Philip K Young, Steve Erfle

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