A perfectly competitive market is characterized by the free entry ...

[theo]

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.

[Ahernandez18]

Answer to Question 1

True

Answer to Question 2

a

[theo]

YES! Correct, THANKS for helping me on my review

[okolip]

Thanks for the timely response, appreciate it