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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:
What is the most important implication of the perfect competition analysis?
CEVAP:
The most important implication of the perfect competition analysis is that each firm acts in an economically efficient manner. In the long run, inefficient firms will be forced to exit the market