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



Title: The perfectly competitive market structure benefits consumers because
Post by: Tidy on Jun 21, 2015
The perfectly competitive market structure benefits consumers because
A) firms do not produce goods at the lowest possible price in the long run.
B) firms are forced by competitive pressure to be as efficient as possible.
C) firms add a much smaller markup over average cost than firms in any other type of market structure.
D) firms produce high quality goods at low prices.


Title: Re: The perfectly competitive market structure benefits consumers because
Post by: VincenzoD on Jul 25, 2015
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