-Refer to the information above to answer this question.Which of the following statements is correct?
A)This firm is hiring labour in a perfectly competitive market and selling its product in an imperfectly competitive market.
B)This firm is both hiring its labour and selling its product in perfectly competitive markets.
C)This firm is hiring its labour in a perfectly competitive market but no comment is possible about the market conditions under which it is selling its product.
D)This firm is selling its product in a perfectly competitive market but no comment can be made about the market conditions under which it is hiring its labour.

Question

-Refer to the information above to answer this question.Which of the following statements is correct?
A)This firm is hiring labour in a perfectly competitive market and selling its product in an imperfectly competitive market. 
B)This firm is both hiring its labour and selling its product in perfectly competitive markets. 
C)This firm is hiring its labour in a perfectly competitive market but no comment is possible about the market conditions under which it is selling its product. 
D)This firm is selling its product in a perfectly competitive market but no comment can be made about the market conditions under which it is hiring its labour.

Quizplus · Accepted Answer

The Answer of 
-Refer to the information above to answer this question.Which of the following statements is correct?
A)This firm is hiring labour in a perfectly competitive market and selling its product in an imperfectly competitive market. 
B)This firm is both hiring its labour and selling its product in perfectly competitive markets. 
C)This firm is hiring its labour in a perfectly competitive market but no comment is possible about the market conditions under which it is selling its product. 
D)This firm is selling its product in a perfectly competitive market but no comment can be made about the market conditions under which it is hiring its labour.

-Refer to the Information Above to Answer This Question