Refer to the table. The resource demand data indicate that the firm is
A)buying its resource in an imperfectly competitive market.
B)buying its resource in a perfectly competitive market.
C)selling its product in a perfectly competitive market.
D)selling its product in an imperfectly competitive market.

Question

Refer to the table. The resource demand data indicate that the firm is
A)buying its resource in an imperfectly competitive market. 
B)buying its resource in a perfectly competitive market. 
C)selling its product in a perfectly competitive market. 
D)selling its product in an imperfectly competitive market.

Quizplus · Accepted Answer

The Answer of  Refer to the table. The resource demand data indicate that the firm is
A)buying its resource in an imperfectly competitive market. 
B)buying its resource in a perfectly competitive market. 
C)selling its product in a perfectly competitive market. 
D)selling its product in an imperfectly competitive market.

Refer to the Table