—— goods are sold in case of perfectly competitive market.
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Pure or perfect competition is a theoretical market structure in which the following criteria are met: All firms sell an identical product (the product is a "commodity" or "homogeneous"). All firms are price takers (they cannot influence the market price of their product). Market share has no influence on prices.
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puru or perfect competition is a theoretical market structure in which the following criteria are met:all forms sell an identical produce (the product is a "commodity"or "homogeneous").all forms are price takers (they connot influence the making price of their product,) market share has no influence on price
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