The price of a seller's product in perfect competition is determined by
A) the individual seller. B) the individual demander.
C) market demand and market supply. D) a few of the sellers.
C
Economics
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Depository institutions undertake all the following activities EXCEPT they do not ________
A) print money B) minimize the cost of monitoring borrowers C) pool risk D) create liquidity
Economics
A true public good is characterized by
a. depletability but not excludability. b. excludability but not depletability. c. both depletability and excludability. d. neither depletability nor excludability.
Economics