Business, 11.11.2020 14:50 woahhh17

In theory, what conditions must exist to have pure competition among businesses in the same industry? Select ALL that apply.
A. Businesses have the freedom to enter or leave the industry.
B. Businesses make and sell identical products that require no advertising.
C. Government intervention ensures that businesses in the industry stay competitive.
D. Large numbers of buyers and sellers ensure that no single group can affect product price.

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