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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
A perfectly competitive firm is a price taker because
A) many other firms produce the same product.
B) only one firm produces the product.
C) many firms produce a slightly differentiated product.
D) a few firms compete.
E) it faces a vertical demand curve.
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
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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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8 years ago
Don't mention it Happy Dummy
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