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In a Perfectly Competitive Market,firms Take

question 2

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In a perfectly competitive market,firms take:


Definitions:

MRP

Stands for Materials Requirement Planning, a system used to manage manufacturing processes by calculating materials, components, and schedule needed for production.

MRP

Material Requirements Planning is a method used to determine the materials and parts required for product production.

Work Centre

A specific location where particular tasks or operations are carried out within a manufacturing process or factory.

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