discuss question. Managerial Economics

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Make sure scholarly sources are used and cited. if more information is needed let me know.At least 300 words

Using the three characteristics of a perfectly competitive market (p. 400), analyze the market in which the company you proposed in Unit 1 operates. Address each characteristic. Does it meet these requirements? If so, how? If not, why not?

Would you want your firm to operate in a perfectly competitive market? Why or why not?

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