A perfectly competitive firm need never consider
a. price because it cannot control price
b. its fixed cost because it cannot shut down
c. its market share because advertising keeps it competitive
d. the effect of its own production on price
e. barriers to entry because the barriers never change
D
Economics
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If a central bank does not want to see its currency ________ in value, it may pursue expansionary monetary policy to lower the domestic interest rate, thereby ________ its currency
A) fall; strengthening B) fall; weakening C) rise; strengthening D) rise; weakening
Economics
What is a gdp?
Economics