Solved

The Entry and Exit of Firms in a Perfectly Competitive

Question 5

Multiple Choice

The entry and exit of firms in a perfectly competitive market is mostly dependent on ________.


A) the number of firms in the market
B) government regulations
C) the profitability of the existing firms
D) the number of consumers in the market

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions