bluedolphin1564 bluedolphin1564
  • 29-09-2017
  • Business
contestada

True or false: the market for lettuce does exhibit the two primary characteristics that define perfectly competitive markets.

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ahmedishaal ahmedishaal
  • 07-10-2017

The statement can be categorized as "True".

The market for lettuce does exhibit the two primary characteristics that define a perfectly competitive market. One of them is that it contains various buyers and sellers and the Second one is that there are no barriers to entry or to exit.  

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