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Sagot :
A change in input prices would shift a supply curve in a perfectly competitive market for a good.
What kind of market has perfect competition?
In a perfect market structure, both producers and consumers have complete and symmetrical information and there are no transaction costs. In this type of scenario, a sizable number of producers and customers are in competition with one another.
The qualities of perfect competitiveness are market with a large number of customers and merchants, free company entry and exit from the market, a uniform product should be offered by every business, both buyers and sellers should be fully informed about the market and no pricing regulation.
To know more about perfect competition, click here- brainly.com/question/1488584
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