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nakungth nakungth
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6 years ago
Several years ago, Alcoa was effectively the sole seller of aluminum because the firm owned nearly all of the aluminum ore reserves in the world.  This market was not perfectly competitive because this situation violated the:
A) price-taking assumption.
B) homogeneous product assumption.
C) free entry assumption.
D) A and B are correct.
E) A and C are correct.
Textbook 
Microeconomics

Microeconomics


Edition: 8th
Author:
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boransalboransal
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#1
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6 years ago
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nakungth Author
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6 years ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
Mcb
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Yesterday
This helped my grade so much Perfect
TAT1238
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2 hours ago
Good timing, thanks!
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