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Definition of perfect competition

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Reference no: EM131687186

Topic 1: Many economists believe the strict definition of perfect competition does not exist in real world. Yet, this model is the point of departure in discussing the market structure. Discuss why.

Reference no: EM131687186

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Definition of perfect competition : Many economists believe the strict definition of perfect competition does not exist in real world. Yet, this model is the point of departure.
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