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26 October, 21:44

What are the three conditions for a market to be perfectly competitive? for a market to be perfectly competitive, there must be?

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  1. 26 October, 23:56
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    The three conditions that must exist in order for a market to be perfectly competitive include: 1. a large number of vendors and customers (buyers and sellers), 2. the vendors must be selling identical products and finally, 3. new vendors must be able to freely enter the market.
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