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Competitive price-taker markets and purely competitive markets are:
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Competitive price-taker markets and purely competitive markets are:

User Rahul Tiwari
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Answer:

While a competitive market determines the equilibrium point by staying in tune with the supply and demand curves, a perfectly competitive market does not have that luxury. A perfectly competitive market must accept the price point and must only decide how much to sell.

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User Rickcnagy
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