Which of the following is not a necessary characteristic of a perfectly competitive industry? Consumers see...
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Which of the following is not a necessary characteristic of a perfectly competitive industry? Consumers see no difference between the product of one firm and that of another. O There are so many firms that none can influence market price Firms can easily enter or exit the industry The industry or market demand is highly elastic Which of the following is not a necessary characteristic of a perfectly competitive industry? Consumers see no difference between the product of one firm and that of another. O There are so many firms that none can influence market price Firms can easily enter or exit the industry The industry or market demand is highly elastic
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