Top Posters
Since Sunday
17
s
5
j
4
s
4
C
3
W
3
a
3
H
3
s
3
a
3
o
3
K
3
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
maportil maportil
wrote...
Go to Answer
Posts: 66
Rep: 0 0
3 months ago
Which of the following statements correctly describes a perfectly competitive market?

▸ In a perfectly competitive market, individual sellers and buyers can influence the market price.

▸ Buyers in a perfectly competitive market pay different prices according to their individual demand.

▸ Haggling and bargaining is commonly observed in a perfectly competitive market.

▸ All participants in a perfectly competitive market are price-takers.
Textbook 
Macroeconomics

Macroeconomics


Edition: 3rd
Authors:
Read 8 times
1 Reply
Replies
Answer verified by a subject expert
adandaroozaadandarooza
wrote...
#1
Posts: 58
Rep: 1 0
3 months ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
All participants in a perfectly competitive market are price-takers.
1

Related Topics

maportil Author
wrote...

3 months ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
bioc
wrote...

Yesterday
Smart ... Thanks!
Ivansitospeed@g
wrote...

2 hours ago
Thank you, thank you, thank you!
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  174 People Browsing
 300 Signed Up Today
Start New Topic Take the Tour Study Tips Study ToolsNew Topics Trending Browse by Textbook
Related Images
  
 171
  
 168
  
 107
Your Opinion
What percentage of nature vs. nurture dictates human intelligence?
Votes: 325
Previous poll results: Should Ph.D.'s be addressed as doctors?