Multiple Choice
An assumption of the model of perfect competition is:
A) discrimination.
B) difficult entry and exit.
C) many buyers and sellers.
D) limited information.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q267: In the short run,the fixed costs of
Q268: Provided that there are no external benefits
Q269: If firms are making positive economic profits
Q270: The marginal revenue received by a firm
Q271: Use the following to answer question: <img
Q273: A perfectly competitive firm will incur an
Q274: Use the following to answer question: <img
Q275: Perfectly competitive industries are characterized by:<br>A)few sellers
Q276: Use the following to answer question: <img
Q277: In the short run,a perfectly competitive firm