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Author Question: If an individual perfectly competitive firm charges a price ________ the industry equilibrium price ... (Read 68 times)

Collmarie

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on: Apr 19, 2019

Question 1

A perfectly competitive industry consists of firms that produce ________ products.


◦ identical
◦ unique
◦ slightly differentiated
◦ significantly differentiated

Question 2

If an individual perfectly competitive firm charges a price ________ the industry equilibrium price while competitors charge the equilibrium price, the firm will not sell any of what it produces.


◦ above
◦ below
◦ equal to
◦ More information is needed to answer the question.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by Collmarie on Apr 19, 2019

krakiolit

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Reply #1 on: Apr 19, 2019
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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Collmarie

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Reply #2 on: Apr 19, 2019
Excellent


krakiolit

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Reply #3 on: Apr 19, 2019
Great! Please up vote :D


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