Biology Forums - Study Force

Other Fields Homework Help Economics Topic started by: Loraine on Jun 21, 2015



Title: In part, perfect competition arises ifi.each firm's minimum efficient scale is large relative to dem
Post by: Loraine on Jun 21, 2015
In part, perfect competition arises if
i.   each firm's minimum efficient scale is large relative to demand.
ii.   each firm produces a good or service identical to those produced by its many competitors.
iii.   there are significant barriers to entry.
A) i only
B) ii only
C) i and ii
D) iii only
E) ii and iii


Title: Re: In part, perfect competition arises ifi.each firm's minimum efficient scale is large relative to
Post by: Smoooth on Jul 29, 2015
Content hidden


Title: Re: In part, perfect competition arises ifi.each firm's minimum efficient scale is large relative to dem
Post by: Smoooth on Aug 31, 2015
Don't mention it :-]