Solved: What are the characteristics of of a pure competition, Microeconomics

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What are the characteristics of of a pure competition

1. What are the characteristics of of a pure competition market structure?

2. What is the shape of the demand for the product of one competitive seller?

3. How does one competitive seller decide what to produce in the short run?

4. What is the short run supply curve for one competitive seller?

5. Why is a competitve market structure considered to be the most efficient?

6. What determines the long run supply curve for a competitive industry?

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Microeconomics: What are the characteristics of of a pure competition

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Microeconomics: What are the characteristics of of a pure competition

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