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24 February, 01:44

In a perfectly competitive market, all producers sell very different goods or services. additionally, there are many buyers and sellers. because of these two characteristics, both buyers and sellers in perfectly competitive markets are pricemakers. true or false: the market for public utilities, like gas and electricity, does not exhibit the two primary characteristics that define perfectly competitive markets.

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  1. 24 February, 02:14
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    Pretty sure it's false because there is some competition between electric and gas companies.
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