In the One-Period Competitive Model We Have Been Studying

Multiple Choice

In the one-period competitive model we have been studying,

A) both consumption and total factor productivity are exogenous.
B) consumption is exogenous and total factor productivity is endogenous.
C) consumption is endogenous and total factor productivity is exogenous.
D) both consumption and total factor productivity are endogenous.
E) consumption and taxes are exogenous.