Which condition is not necessary for firms to be price takers in a perfectly competitive market? Many

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Which condition is not necessary for firms to be price takers in a perfectly competitive market?

Many buyers and many sellers.

Identical goods offered by various sellers.

Free entry and exit from the market.

Influence over the price of goods.

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Exploring Economics

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5th Edition

Authors: Robert L Sexton

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Posted Date: Jan 11, 2024 03:43 AM

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Which condition is not necessary for firms to be price takers in a perfectly competitive market? Many

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