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Which of the following statements are true of a market place which is considered a...

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Which of the following statements are true of a market place which is considered a 'perfect competition'? Select TWO.

A.

there are no barriers to entry

B.

suppliers are selling differentiated products

C.

competition is at its highest level possible

D.

competition is not strong

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  • Update on: Dec 16, 2025
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TESTED 16 Dec 2025