Explain which of the four characteristics is primarily, Microeconomics

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Explain which of the four characteristics is primarily

Many buyers and sellers, Identical Products, Perfect knowledge-Increases elasticity, free entry, free exit

Explain which of the four characteristics is primarily responsible for the fact that the demand curve of a perfectly competitive firm is horizontal? What is elasticity?

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Microeconomics: Explain which of the four characteristics is primarily

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Microeconomics: Explain which of the four characteristics is primarily

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