Which of the following firms is the closest to being a perfectly competitive firm?
a. the New York Yankees
b. Apple, Inc.
c. DeBeers diamond wholesalers
d. a wheat farmer in Kansas
d
Economics
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Which of the following rules affected hedge funds as a result of the Dodd-Frank Act of 2010?
A) Hedge funds have to make detailed disclosure of their asset holdings. B) Large hedge funds must register with the SEC. C) Investors are allowed to make withdrawals after the first week. D) Carried interest is taxed as ordinary income.
Economics
The model of perfect competition is valuable for
A) prediction. B) comparison to other markets. C) Either A or B D) None of the above.
Economics