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One of your friends is not sure what makes a market "competitive"? Which of the following would be included in your explanation? There must be large number of buyers and

sellers, the prices are set by the government O There must be large number of buyers and sellers in the market, the prices are set through interaction of market-forces There must be large number of buyers, prices are set by the buyers There must be large number of buyers, prices are set by the suppliers

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