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Model that yields same results as Perfect Competition

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____ yields the same results as the theory of perfect competition, but requires substantially fewer assumptions than the perfectly competitive model.
Baumol's sales maximization hypothesis
The Pareto optimality condition
The Cournot model
The theory of contestable markets
none of the above

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The Theory of Contestable Markets predicts an efficient market ...

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Multiple choice question dealing with market theory.

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Perfectly competitive model

__________ yields the same results as the theory of perfect competition, but requires substantially fewer assumptions than the perfectly competitive model.

Baumol's sales maximization hypothesis

The Pareto optimality condition

The Cournot model

The theory of contestable markets

none of the above

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