Biology Forums - Study Force

Other Fields Homework Help Economics Topic started by: sjbux on Mar 3, 2019



Title: All of the following are characteristics of a perfectly competitive industry EXCEPT
Post by: sjbux on Mar 3, 2019
All of the following are characteristics of a perfectly competitive industry EXCEPT

• firms in the industry are price takers.

• buyers and sellers have equal access to information.

• there are a large number of buyers and sellers with only a few being able to influence the market price.

• the product sold is homogeneous.


Title: All of the following are characteristics of a perfectly competitive industry EXCEPT
Post by: linds on Mar 3, 2019
Content hidden


Title: All of the following are characteristics of a perfectly competitive industry EXCEPT
Post by: sjbux on Mar 3, 2019
Exactly what I needed for my project, TYSM