Explain the economic assumptions that lead

Reference no: EM133630138

Question: Assume the market for wheat is one pure competiton. if it is producing 6 million output with one firm producing and selling 30k units then how many firms are operating in the market? Also fully explain the economic assumptions that lead to the answer of the number of firms

Reference no: EM133630138

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Explain the economic assumptions that lead : if it is producing 6 million output with one firm producing and selling 30k units then how many firms are operating in the market? Also fully explain

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