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In a perfectly competitive market, all producers sell _________...

In a perfectly competitive market, all producers sell _________ (Identical or very different?) goods or services. Additionally, there are _______ (Many of Few?) buyers and sellers. Because of these two characteristics, both buyers and sellers in perfectly competitive markets are price _______ (takers or makers?).


True or False: The market for digital cable does not exhibit the two primary characteristics that define perfectly competitive markets.

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