aof.sorular.net
Introduction to Economics 1
Introduction to Economics 1 Deneme Sınavı
Introduction to Economics 1 Deneme Sınavı Sorusu #1264130
Introduction to Economics 1 Deneme Sınavı Sorusu #1264130
In perfect competition:
|
There is a small number of firms producing differentiated products. |
|
There are barriers to entry. |
|
The products have no close substitutes. |
|
There is only one firm in the market. |
|
Consumers are price takers. |
Yanıt Açıklaması:
In a perfectly competitive market, there are many buyers, so a single consumer`s decision can not influence the market price. In this sense, in a perfectly competitive market, consumers are price takers.
Yorumlar
- 0 Yorum