Theory of perfect competition is built on several assumptio

Reference no: EM13758778

The theory of perfect competition is built on several assumption, including that A)there are few producers of an identical product
B)the individual firm can affect the price of the product it sells
C)the individual firm can influence demand by advertising
D)each firm must earn economic profits to remain in the industry
E)any firm can easily enter or leave the industry

Reference no: EM13758778

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