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The market model of pure competition is: A. frequently encountered in the real world B. a theoretical model of how a capitali

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Answer #1

As we all know that in real situation a perfect word never exist.

In terms of market also,perfect competition is an ideal way to represent the market .

but a real scenario it is not possible .

Say for example a vegetable is a perfectly competitive market and have same shape, size and colour.

But if we look deeply inside then they differ in quality ,size and various specific specifications .

It is not realistic .

Option C is true

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