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Author Question: Which of the following markets best approximates the perfectly competitive market structure? a. ... (Read 52 times)

dmcintosh

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on: Jun 30, 2018
Which of the following markets best approximates the perfectly competitive market structure?
 a. automobile manufacturing
  b. insurance
  c. world commodity markets
  d. airlines
  e. manufacture of stereo equipment

Question 2

Perfectly competitive firms respond to changing market conditions by varying their
 a. price
  b. output
  c. market share
  d. information
  e. advertising campaigns


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mcinincha279

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

C

Answer to Question 2

B


dmcintosh

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Reply 2 on: Jun 30, 2018
Wow, this really help

bigcheese9

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

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