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djsmyers djsmyers
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6 years ago
Gift shops in a small town sell identical mugs to tourists. However, tourists don't have enough time to check out the prices one by one and don't have brochures listing prices of mugs. We can conclude
A) the market for mugs is perfectly competitive.
B) buyers have full information.
C) sellers are price takers.
D) the market is not perfectly competitive.
Textbook 
Microeconomics: Theory and Applications with Calculus

Microeconomics: Theory and Applications with Calculus


Edition: 4th
Author:
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SaHiN22SaHiN22
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#1
Posts: 246
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6 years ago
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djsmyers Author
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6 years ago
Thanks
wyq2651
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Yesterday
Just got PERFECT on my quiz
kevin12323h
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2 hours ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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