Top Posters
Since Sunday
I
3
p
2
w
2
y
2
J
2
Q
2
r
2
o
2
e
2
j
2
d
2
T
2
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
Ryanteck Ryanteck
wrote...
Go to Answer
Posts: 559
Rep: 0 0
7 years ago
A firm in a perfectly competitive market has no control over price because
A) there is free entry and exit from the industry.
B) the government imposes price ceilings on the products produced in perfectly competitive industries.
C) the market demand for products produced in perfectly competitive industries is perfectly elastic.
D) every firmʹs product is a perfect substitute for every other firmʹs product.
Read 141 times
1 Reply
Replies
Answer verified by a subject expert
DeToXiFYDeToXiFY
wrote...
#1
Top Poster
Posts: 668
Rep: 11 0
7 years ago
Sign in or Sign up in seconds to unlock everything for free
1

Related Topics

Ryanteck Author
wrote...

7 years ago
Thanks
GeorgeNeist
wrote...

Yesterday
Smart ... Thanks!
karamsidhu1
wrote...

2 hours ago
This helped my grade so much Perfect
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1790 People Browsing
 121 Signed Up Today
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Related Images
  
 577
  
 262
  
 4508