Which of the following markets most closely matches the description of perfect competition?
A) Fast-food hamburgers.
B) Subcompact cars.
C) Grain.
D) Personal computers.
Correct Answer:
Verified
Q199: Q200: In a decreasing cost industry,the Q201: Which of the following would result from Q202: In a perfectly competitive market,the first firm Q203: Which of the following is a characteristic Q205: Which of the following is not a Q206: Because perfectly competitive markets rarely exist in Q207: Which of the following is not a![]()
A)long-run supply curve
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents