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Author Question: Which of the following is a characteristic of perfect competition? a. homogeneous products b. many ... (Read 22 times)

HudsonKB16

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on: Jun 30, 2018
Which of the following is a characteristic of perfect competition?
 a. homogeneous products
  b. many sellers
 c. many buyers
 d. all of the above

Question 2

The supply of land being fixed, the earnings from land are called transfer earnings.
 a. True
  b. False
  Indicate whether the statement is true or false


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aruss1303

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

d

Answer to Question 2

False


HudsonKB16

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

Missbam101

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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