MCQOPTIONS
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				| 1. | 
                                    _ Which of the following is NOT a characteristic of perfect competition?$? | 
                            
| A. | Free entry and exit of the firms | 
| B. | The demand curve of firm is horizontal | 
| C. | The marginal revenue curve is horizontal | 
| D. | An individual firm can influence the price | 
| Answer» E. | |