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Author Question: Which of the following is true of a firm in a perfectly competitive market? (Read 56 times)

rubiosusy7

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on: Oct 12, 2022
Which of the following is true of a firm in a perfectly competitive market?
◦ The firm is dependant upon the behaviour of its competitors.
◦ The firm is aware of its competitors' costs.
◦ The firm competes actively with other sellers in the industry.
◦ The firm is limited in the amount of product it can sell without affecting the price.
◦ The firm has no power to influence the market price.
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by rubiosusy7 on Oct 12, 2022

FireandIce

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Reply #1 on: Oct 12, 2022
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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rubiosusy7

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Reply 2 on: Oct 12, 2022
Great answer, keep it coming :)

AmberC1996

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Reply 3 on: Yesterday
Excellent

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