All of the following are characteristics of firms in a perfectly competitive industry except:
A. they face a perfectly elastic demand curve.
B. they are price makers.
C. there is easy entry and exit.
D. they produce identical products
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Home » Business » All of the following are characteristics of firms in a perfectly competitive industry except: A. they face a perfectly elastic demand curve. B. they are price makers. C. there is easy entry and exit. D. they produce identical products