Introduction to Economics 1 Deneme Sınavı Sorusu #730367

I. There are no positive or negative externalities. II. All buyers and sellers have perfect information. III. Consumer demand curves are based on willingness to pay.      All theoretical inferences about perfect competition depend on some critical assumptions. Which of the statements above is/are among these assumptions?


Only I

I, II

I, III

II, III

I, II, III


Yanıt Açıklaması:

All theoretical inferences depend on some critical assumptions:

  • There are no positive or negative externalities.
  • All buyers and sellers have perfect information.
  • Consumer demand curves are based on willingness to pay.

The correct answer is E.

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