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Author Question: Perfectly competitive firms are sometimes called price makers because they have significant control ... (Read 54 times)

NClaborn

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on: Jun 30, 2018
Perfectly competitive firms are sometimes called price makers because they have significant control over product price.
 a. True
  b. False

Question 2

Which of the following would not help identify market structure?
 a. number of firms in the industry
  b. type of product produced in the industry
  c. ease of entry into the industry
  d. forms of competition among firms in the industry
  e. price of the good


ryrychapman11

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Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

E


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