Many economists believe that the market for wheat in the United States is an almost perfectly competitive market.If one firm discovers a technology that makes its wheat taste better and have fewer calories than all other wheat offered in the market,the wheat market would become less competitive because

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In a perfectly competitive market, products are homogeneous, meaning that all products are identical to each other. However, if one firm discovers a technology that makes its wheat taste better and have fewer calories than all other wheat offered in the market, its product would become different from other products in the market. Therefore, the market for wheat would become less competitive.

Many Economists Believe That the Market for Wheat in the United