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General Notes for Imperfect Competition

Ashley Hay

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Perfect Competition

Description

Advanced placement Microeconomics (Perfect Competition ) Mind Map on Perfect Competition, created by Ashley Hay on 17/03/2016.

Mind Map by Ashley Hay, updated more than 1 year ago

	Created by Ashley Hay about 9 years ago

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Resource summary

Perfect Competition

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

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