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17 October, 00:05

1. Summarize What are the four conditions of a

purely competitive market?

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Answers (1)
  1. 17 October, 00:23
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    1. Many buyers and sellers participate in the market.

    2. Sellers offer identical products.

    3. Buyers and sellers are well informed about products.

    4. Sellers are able to enter and exit the market freely.
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