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Author Question: Explain why perfectly competitive firms are price takers. (Read 111 times)

formula1

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on: May 25, 2020

Question 1

What are average and marginal revenue? In what way are do they affect a firm's profits?

Question 2

Explain why perfectly competitive firms are price takers.
Essential Economics for Business ¦ Sloman, Jones ¦ 5th Edition
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Marked as best answer by formula1 on May 25, 2020

Mochi

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Reply #1 on: May 25, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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Paolo Nav

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Reply #2 on: Oct 18, 2022
Arigathanks


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