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Author Question: The closest example of a perfectly competitive industry is (Read 91 times)

Pea0909berry

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Question 1

A firm in a perfectly competitive market has ________ control over price because each firm's product perfectly substitutes for every other firm's product.


◦ total
◦ moderate
◦ limited
◦ no

Question 2

The closest example of a perfectly competitive industry is


◦ casual dining restaurants.
◦ cigarettes.
◦ convenience stores.
◦ alfalfa.


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Marked as best answer by Pea0909berry on Apr 19, 2019

jgranad15

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Pea0909berry

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jgranad15

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Great! Please up vote :D



 

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