In the short run, we assume that the number of firms in a perfectly competitive market:
A) varies if perfect information is present.
B) varies more than the long run equilibrium.
C) is fixed.
D) is equal to the number of firms that will exist in the long run.
Correct Answer:
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Q97: In the short run, the fixed costs
Q98: If the market price falls below the
Q99: <p><b><b><span style="font-size:20pt;"><span style="color:#FF0000;"> Q100: The market price has fallen below a Q101: The graph shown displays the cost curves Q103: The number of firms in a perfectly Q104: If a firm in a perfectly competitive Q105: In the long run in a perfectly Q106: <p><b><b><span style="font-size:20pt;"><span style="color:#FF0000;"> Q107: The graph shown displays the cost curves
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