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A Major Assumption In A Perfectly Competitive Market Is That? - Erudites Academy
Economics JAMB

A major assumption in a perfectly competitive market is that?
A major assumption in a perfectly competitive market is that?A major assumption in a perfectly competitive market is that?

A. the number of buyers and sellers is small
B. individuals cannot influence prices
C. the quality of products remains the same
D. prices will always remain constant

Correct Answer:

Option B – individuals cannot influence prices

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4 years ago

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