Perfectly competitive markets have sellers, each of which produces a share of industry output. a.

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Perfectly competitive markets have ______ sellers, each of which produces a ______ share of industry output.

a. Few; substantial.

b. Few; small.

c. Many; substantial.

d. Many; small.

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Exploring Economics

ISBN: 9781544336329

8th Edition

Authors: Robert L. Sexton

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Question Posted: Jan 17, 2023 05:38 AM

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Perfectly competitive markets have ______ sellers, each of which produces a ______ share of industry output. a.

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Perfectly competitive markets have sellers, each of which produces a share of industry output. a.