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Perfect Competition

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Advanced placement Microeconomics (Perfect Competition ) Mind Map on Perfect Competition, created by Ashley Hay on 17/03/2016.
Ashley Hay
Mind Map by Ashley Hay, updated more than 1 year ago
Ashley Hay
Created by Ashley Hay almost 9 years ago
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Resource summary

Perfect Competition
  1. no individual influence
    1. "price takers"
    2. identical products
      1. identical information
        1. free entry and exit
          1. many buyers and sellers
            1. ex: some agriculture, the stock market
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