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2 April, 23:25

12. What is perfect competition?

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  1. 2 April, 23:41
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    Here is the answer
  2. 2 April, 23:42
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    The situation prevailing in a market in which buyers and sellers are so numerous and well informed that all elements of monopoly are absent and the market price of a commodity is beyond the control of individual buyers and sellers.
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