In perfect competition, which is not true? Choice are a large number of , and each is small relative to the entire market Both concentration ratios and Rothschild indexes tend to be close to zero At least one firm has perceptible impact on the market price Firms produce homogenous goods
Added by Ashley F.
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This is true because in perfect competition, there are many buyers and sellers in the market, and no single firm has a significant market share. Show more…
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