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Tyalis Tyalis
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3 years ago
In a perfectly competitive market with 75 non-identical firms producing at market price p1

▸ the supply curve is flatter than if there were only 35 identical firms.

▸ the supply curve is more elastic than if there were only 25 identical firms.

▸ the supply curve is more inelastic than if the firms were identical.

▸ All of these.
Textbook 
Managerial Economics and Strategy

Managerial Economics and Strategy


Edition: 3rd
Authors:
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flylegendsflylegends
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#1
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3 years ago
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Tyalis Author
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3 years ago
Correct Slight Smile TY
sudenzia
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Yesterday
Good timing, thanks!
Zacellison
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2 hours ago
Brilliant ツ
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