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1. What is the role of advertising in perfect competition?

2. What is the impact of a perfectly elastic demand curve on a firm's revenue?

3. What is the impact of technological barriers to entry in a perfectly competitive market?

4. What factor makes a firm a price taker in perfect competition?

5. What effect does a large number of buyers and sellers have on perfect competition?

6. What is a potential consequence of a perfectly competitive market experiencing excess supply?

7. How does the concept of consumer surplus apply to perfect competition?

8. What role does the homogeneity of products play in perfect competition?

9. What role do price controls play in maintaining perfect competition?

10. What happens to a perfectly competitive firm's price in the short run if it earns positive economic profit?

11. What characteristic distinguishes a perfectly competitive market from a monopolistic market?

12. How does the mobility of buyers and sellers impact the dynamics of perfect competition?

13. How does a perfectly competitive firm determine its level of production in the short run?

14. What role do cultural factors play in shaping consumer preferences in perfect competition?

15. How does consumer loyalty impact the stability of perfect competition?

16. How does a perfectly competitive firm's short-run supply curve differ from its long-run supply curve?

17. Why is the long-run supply curve perfectly elastic in a perfectly competitive market?

18. What is the role of economies of scale in the context of perfect competition?

19. What effect does government intervention in pricing have on a perfectly competitive market?

20. How does the mobility of capital impact the dynamics of perfect competition?

21. What effect does external shocks have on the stability of perfect competition?

22. What is the impact of a government-imposed price floor in a perfectly competitive market?

23. How does speculation impact price stability in perfect competition?

24. In a perfectly competitive market, what type of product differentiation exists among firms' products?

25. How does the ease of entry and exit of firms impact the long-term sustainability of perfect competition?

26. What role does advertising play for firms in a perfectly competitive market?

27. What is the role of government regulations in maintaining perfect competition?

28. How does the demand curve facing a perfectly competitive firm differ from that of a monopolistic firm?

29. How does the mobility of resources contribute to the smooth functioning of perfect competition?

30. How do strategic interactions among firms impact the idea of perfect competition?