Biology Forums - Study Force

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



Title: Which of the following statements is NOT true for a perfectly competitive firm?
Post by: ujesssss on Mar 3, 2019
Which of the following statements is NOT true for a perfectly competitive firm?

• The firm can influence its demand curve by advertising its product.

• The market demand and supply curves determine the market price.

• The firm's demand curve is perfectly elastic.

• A firm's demand curve is horizontal.


Title: Which of the following statements is NOT true for a perfectly competitive firm?
Post by: jackjohnson74 on Mar 3, 2019
Content hidden