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    Perfect competition and its effect on production

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    Can someone explain which of the following is (are) most likely to be produced under conditions resembling perfect competition - automobiles, beer, corn, diamonds, and eggs and why. Thank you

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    https://brainmass.com/economics/perfect-competition/perfect-competition-effect-production-497710

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    Hi,

    Answer:

    Corn and Eggs would be produced more in the perfect competition because market ...

    Solution Summary

    Perfect competition and its effects on productions are examined.

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