If there are a large number of firms, each of which is so small it takes the
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Question:
If there are a large number of firms, each of which is so small it takes the market price as given, then the market is characterized by:
A. Efficiency
B. Perfect competition
C. No externalities
D. Informed buyers and sellers
Related Book For
Principles of heat transfer
ISBN: 978-0495667704
7th Edition
Authors: Frank Kreith, Raj M. Manglik, Mark S. Bohn
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