SELLER SUPPLIES a negligible FRACTION of TOTAL supply.

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Price is constant or "given" to the individual firm selling in a purely competitive marketbecause:

Bachelor of Arts in Economics (B.A. Economics) Macro Economics 2 in Bachelor of Arts in Economics (B.A. Economics) . 5 months ago

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each SELLER SUPPLIES a negligible FRACTION of TOTAL supply.

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Posted on 23 Dec 2024, this text provides information on Bachelor of Arts in Economics (B.A. Economics) related to Macro Economics 2 in Bachelor of Arts in Economics (B.A. Economics). Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.

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