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AP Microeconomics
Unit 3 – Production, Cost, and the Perfect Competition Model
Topic 3.7
Unit 3 – Production, Cost, and the Perfect Competition Model
3.7 Perfect Competition
mixed difficulty
Which of the following is not a characteristic of perfect competition?
Price control by firms
Easy entry and exit
Homogeneous products
Many buyers and sellers
Study guides (1)
AP Microeconomics - 3.7 Perfect Competition
Key terms
Perfect Competition
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