Multiple Choice
The perfect competitor's demand curve is
A) perfectly elastic.
B) relatively elastic.
C) relatively inelastic.
D) perfectly inelastic.
Correct Answer:
Verified
Related Questions
Q45: All of the following variables are used
Q46: Which statement is true?
A)A firm will always
Q49: In the short run if price is
Q50: Q65: To maximize profits,a firm should produce output Q68: Q71: A perfect competitor would Q72: Which statement is true? 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
A)never charge above market
A)The perfect competitor has
