Consistent with the pure competition model
Question: Why do you think that if an industry were operating under conditions of domestic internal scale economies (applies to firm in the country), then the resultant equilibrium cannot be consistent with the pure competition model?
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Resultant equilibrium cannot be consistent with the pure competition model?
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Atmospheric air at 25°C and a velocity of 0.5 m/s flows over a 50- W incandescent bulb whose surface temperature is at 140°C. The bulb may be approximated
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