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Home Q & A Board Other Fields Homework Help Business Economics
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Loraine Loraine
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8 years ago
For a perfectly competitive firm, the market price of a good is
A) a given which the firm cannot change.
B) determined by the firm in order to maximize its profit.
C) equal to the firm's marginal revenue.
D) Answers A and B are correct.
E) Answers A and C are correct.
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
Read 187 times
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Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.
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SmooothSmoooth
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8 years ago
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#2
8 years ago
No problemo Happy Dummy
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