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While it is difficult to identify a real-world market that meets the textbook definition of perfect...

While it is difficult to identify a real-world market that meets the textbook definition of perfect competition, there are many real-world markets in which price-taking behavior is observed and in those cases the model is quite valid. Give an example of a near-perfectly competitive firm. If you were managing that firm, how would you prepare for the Post-Pandemic World?

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Rahul Sunny answered 1 year ago
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