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Satsume Satsume
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6 years ago
The amount of output that a firm decides to sell has no effect on the market price in a competitive industry because
A) the market price is determined (through regulation) by the government
B) the firm supplies a different good than its rivals
C) the firm's output is a small fraction of the entire industry's output
D) the short run market price is determined solely by the firm's technology
E) the demand curve for the industry's output is downward sloping
Textbook 
Microeconomics

Microeconomics


Edition: 8th
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oracledarrenoracledarren
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#1
Posts: 455
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6 years ago
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Satsume Author
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6 years ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
DAGINC
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Yesterday
Smart ... Thanks!
veronee_madison
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2 hours ago
You make an excellent tutor!
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