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Which of the following is not usually a characteristic of a perfectly competitive industry?

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Which of the following is not usually a characteristic of a perfectly competitive industry?
A. no individual firm has any significant amount of market power.
B. the market demand curve is perfectly elastic.
C. any individual firm can increase its production and sales without affecting the price of the good.
D. existing firms cannot bar the entry of new firms.
E. all of the above are characteristics of perfectly competitive industries.
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The correct choice is letter B:

The market demand curve is perfectly elastic is not usually a characteristic of a perfectly competitive industry
 

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