Solved: Choose a perfectly competitive supplier or industry briefly, Microeconomics

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Choose a perfectly competitive supplier or industry briefly

Assignment

1. Choose a perfectly competitive supplier or industry. Briefly explain the operations of this firm or the firms within the industry.

2. Do you think consumers would be better off in this market if there was less competition? In other words, would consumers benefit from fewer suppliers in the market? Why or why not?

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Microeconomics: Choose a perfectly competitive supplier or industry briefly

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Microeconomics: Choose a perfectly competitive supplier or industry briefly

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