In perfect competition, firms are price makers
a. True
b. False
Indicate whether the statement is true or false
False
Economics
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A recognition lag:
What will be an ideal response?
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A quota is
A) a government-imposed restriction on the quantity of a specific good that can be imported into a country. B) a tariff imposed on goods that are dumped into the home country. C) a tariff imposed on goods that are subsidized by their domestic governments and exported to other countries. D) a tariff based on the value of the imported good.
Economics