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A. undifferentiated product is tha tconsumers perceive a sbeing identical, one of hte characterisitcs of perfectly competitive industry.B. Equal access to resouces is condition in which all firms have access to same technology and inputs.A. both I and II are trueB. Both I adn II are FalseC. I is ture: II is falseD. I is false; II is true.
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