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Question: A perfectly competitive firm  A. has a perfectly elastic supply.  B. has a perfectly inelastic de...

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Show transcribed image text A perfectly competitive firm A. has a perfectly elastic supply. B. has a perfectly inelastic demand. C. sells a product that has perfect substitutes. D. Answer A and answer B are correct. E. Answer A and answer C are correct.

A perfectly competitive firm A. has a perfectly elastic supply. B. has a perfectly inelastic demand. C. sells a product that has perfect substitutes. D. Answer A and answer B are correct. E. Answer A and answer C are correct.