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Characteristics of Perfect Competition
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Problem 10
Characteristics of Perfect Competition
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11. Perfect Competition / Characteristics of Perfect Competition / Problem 6
Problem 6
What is the consequence for a firm if it attempts to sell at a price above the market price in a perfectly competitive market?
A
The firm will maintain its sales volume.
B
The firm will sell fewer products.
C
The firm will not sell any products.
D
The firm will sell more products.
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