perfect competition assumes a) luxury goods b) producer goods c) differentiate goods d) homogeneous goods
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perfect competition assumes a) luxury goods b) producer goods c) differentiate goods d) homogeneous goods
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option d is correct answer perfect competition assumes that all sellers sell homogeneous (same kind of a product sell by all the seller in a market )units of a given product and buyers have no reason to prefer the product of one seller to the one of another seller.