a
a large number of firms sell homogenous products
b
input and output prices are unaffected
c
each firm faces aa horizontal demand curve
d
each firm maximize profit by selecting an output level at
e
commodities are differentiated
Explanation
Correct Option
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Deepthinker581
4 years ago
Commodities are not normally differentiated inn a competitive market so if the is a difference that means it is imperfect
But commodities are usually differentiated in a competitive Monopoly market
