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What assumptions are necessary for a market to be perfectly competitive? Explain why each of these assumptions is important.
Job Loss
The act of losing one's employment, often due to layoffs, company downsizing, or termination.
Web 2.0
The second generation of the internet, characterized by user-generated content, usability, and interoperability for end users.
Technical Updates
Information or changes relating to the technical aspects of a product or service, often aimed at improving functionality or fixing issues.
Bandwidth
The volume of information per unit of time that a transmission medium (like the internet) can handle.
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