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would the automobile market be considered as a perfectly competitive market?

2007-10-23 16:59:23 · 1 answers · asked by Anonymous in Social Science ➔ Economics

1 answers

Yes because no one company has the market power to influence prices and the goods are all similar and have substitutes.

2007-10-23 19:03:12 · answer #1 · answered by Toot 3 · 0⤊ 0⤋

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