Industry price and the price taken by the perfect competitor are ___________.

Fill in the blank(s) with the appropriate word(s).

identical

Economics

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The marginal resource cost of a resource is the additional cost of employing one additional unit of the resource

a. True b. False

Economics

A public good or service can be consumed by paying and nonpaying customers alike

a. True b. False Indicate whether the statement is true or false

Economics