Question: 2. Pizza is our example below, but it is not a good example of a perfectly competitive market. Why? 3. What is a good example
2. Pizza" is our example below, but it is not a good example of a perfectly competitive market. Why? 3. What is a good example of a perfectly competitive market? 4. What does it mean that a perfectly competitive firm is a price taker"? 5. How and why does the fact that a perfectly competitive firm is a price taker imply that in the long run a perfectly competitive firm earns no economic profits
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