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30 March, 02:09

12. What is perfect competition?

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Answers (2)
  1. 30 March, 03:35
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    The situation prevailing in a market in which buyers and sellers are so numerous and well informed that all elements of monopoly are absent and the market price of a commodity is beyond the control of individual buyers and sellers.
  2. 30 March, 06:02
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    Here is the answer
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