menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Economics Study Set 2
  4. Exam
    Exam 24: Oligopoly
  5. Question
    -If the Firm Were a Perfect Competitor in the Long
Solved

-If the Firm Were a Perfect Competitor in the Long

Question 152

Question 152

Short Answer

  -If the firm were a perfect competitor in the long run,how much would its output be?
-If the firm were a perfect competitor in the long run,how much would its output be?

Correct Answer:

verifed

Verified

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

Related Questions

Q147: An oligopolist must be very sensitive to

Q148: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5852/.jpg" alt=" -This profit-maximizing firm

Q149: Compared to a perfect competitor,the colluding oligopolist<br>A)charges

Q150: Which company was involved in price leadership?<br>A)General

Q151: Calculate the Herfindahl-Hirschman Index in this industry.

Q153: When the cutthroat oligopolist raises their prices,their

Q154: <span class="ql-formula" data-value="~~~~~~~\text { Industry } X

Q155: Which statement is true?<br>A)OPEC produces and exports

Q156: The most important fact about an oligopolized

Q157: An industry with four firms each having

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines