aof.sorular.net
Introduction to Economics 1
INTRODUCTION TO ECONOMICS I (İKTİSADA GİRİŞ I) - (İNGİLİZCE) Dersi The Firm in Perfectly Competitive Markets soru cevapları
INTRODUCTION TO ECONOMICS I (İKTİSADA GİRİŞ I) - (İNGİLİZCE) Dersi The Firm in Perfectly Competitive Markets soru detayı:
SORU:
In a perfectly competitive market, firms produce at the lowest possible long-run average cost. What does this mean?
CEVAP:
In a perfectly competitive market, firms produce at the lowest possible long-run average cost. This means consumers will pay the lowest possible price.