Economics For Decision Makers Assignment | Homework For You

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Question 1  Perfect Competition  (Assumptions)  (5 marks) It is claimed that the market for various stocks and shares represent Perfect Competition.  Using the assumptions used to build the perfect competition model, justify the case that shareholders of  BP represent a structure that is almost the same as perfect competition.  Question 2  Perfect Competition (Profit Maximization) (20 marks) New Zealand egg market represents a perfectly competitive …

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