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klio [65]
3 years ago
11

Perfect competition is the term used to describe: an industry in which a few price-taking firms produce identical products. an i

ndustry in which numerous price-taking firms produce identical products. an industry in which firms are price takers and compete for market share by varying the qualitative characteristics of products. an industry in which numerous firms are price makers and produce identical products.
Business
1 answer:
Olenka [21]3 years ago
8 0
An industry in which numerous price-taking firms produce identical products.
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