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Category > Economics Posted 22 Jun 2017 My Price 4.00

.List four assumptions of a perfectly competitive market

1.List four assumptions of a perfectly competitive market. What is the main implication of these assumptions for firm behaviour?  

 

2. a)    Carefully describe TWO differences between the perfectly competitive market structure and the monopoly market structure. 

 

 

b)   In which market structure is a firm/are firms considered price maker(s). Explain  

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SuperTutor
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Status NEW Posted 22 Jun 2017 05:06 AM My Price 4.00

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