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Competitive Firm..no control over price because...?

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A perfectly competitive firm has no control over price because ...

the government imposes price ceilings on the products produced in perfectly competitive markets

there is free entry and exit from the industry

every firm’s product is a perfect substitute for every other firm’s product and no firm is large enough to impact the market supply curve

the market demand for goods produced in perfectly competitive industries is perfectly elastic

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  1. every firm's product is a perfect substitute and no firm is large enough to impact market supply curve

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