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which of the following statements concerning perfect competition is NOT true

a. the frims demand curve is identical to its marginal revenue curve

b. the firms produce differentiated products

c. the demand curve facing the individual firm is horizontal

d. firms are price takers

e. if the firm raises its price it will lose all of its customers. 

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which of the following statements concerning perfect competition is NOT true a. the frims demand curve is identical to its marginal revenue curve b....
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