Too much information
Debunking Economics - the podcast
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Is There Asymmetric Information?
The holidayi gives tm what they call horizontal demand curves. They argue that a a perfectly competitive firm is a price taker. That's the argument they make. And i still remember my my sort of innate scepticism about that. But then some years later, i realized that it was mathematically incompatible with the idea of a downward sloping a market oman curve.
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