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Author Question: A perfectly competitive market is characterized by the free entry and exit of firms. a. True b. ... (Read 112 times)

theo

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on: Jun 30, 2018
A perfectly competitive market is characterized by the free entry and exit of firms.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

The utility of a good is:
 a. different for different consumers.
  b. the same for all consumers.
  c. constant no matter how much is consumed.
  d. related to the cost of producing it.
  e. easily measured.


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Marked as best answer by a Subject Expert

Ahernandez18

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

True

Answer to Question 2

a


theo

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  • Posts: 698
Reply 2 on: Jun 30, 2018
Gracias!

Bigfoot1984

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  • Posts: 321
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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