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The market for lettuce does not exhibit the two primary characteristics that define perfectly competitive markets. (A) True (B) False
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The market for lettuce does not exhibit the two primary characteristics that define perfectly competitive markets.

(A) True
(B) False

User JorgeDeCorte
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1 Answer

1 vote

Answer:

(A) True

Step-by-step explanation:

Perfect competition is an industry structure in which there are many firms producing homogeneous products. None of the firms are large enough to influence the industry. The lettuce market is dominated by large firms.

User WIRN
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