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Which of the following is not a characteristic of a perfectly competitive market?
Behavior Attitude
The way one's beliefs and feelings about something influence how they behave towards it.
Groupthink Cohesiveness
A phenomenon where a group's desire for harmony or conformity in decision-making results in an irrational or dysfunctional outcome.
Obedience Studies
Research endeavors focused on understanding how and why individuals comply with commands or instructions from authority figures.
Great-Person Theory
A theory of leadership that suggests history is shaped by the actions of extraordinary leaders.
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