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The Figure Given Below Shows the Aggregate Demand and Supply

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The figure given below shows the aggregate demand and supply curves of a perfectly competitive market.Figure 10.7
The figure given below shows the aggregate demand and supply curves of a perfectly competitive market.Figure 10.7    -If significant barriers to entry exist in a market, then the market is best described through the model of perfect competition.
-If significant barriers to entry exist in a market, then the market is best described through the model of perfect competition.


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