"Perfect competition" exists only when no single individual can influence the market price.
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Q39: How does economics contribute to the debates
Q40: Macroeconomic policies for stabilization include:
A)fiscal and monetary
Q41: Prices serve to ration the most scarce
Q42: Adding to the stock of capital goods
Q43: Where there are differences in individual abilities,
Q45: An economic good is valued in part
Q46: Without government, the "for whom" problem could
Q47: The prices of productive factors influence how
Q48: The Internet would be considered a negative
Q49: Capital goods differ from other factors in
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