Which of the following is true of perfect competition? : Economics Assignment Help

Question

Which of the following is true of perfect competition?

Answer

Because perfectly competitive markets have many buyers and sellers, each firm is so small in relation to the industry that its production decisions have no impact on the market price.

Thank you for using our site. This is an answer to a common question. Studyhelp247 is the best platform for all your custom assignment and homework help needs. Learn more about us below.

Our tutors offer quality economics homework/assignment help for as low as $1. Sign Up now.

Only on Studyhelp247.

Sign Up Now

Recently Posted Questions (Details Hidden)

PROJECT TITLE

Highest Rated Tutors Available Right Now.

    • $50.00/hr
    • 5 years experience
    • Native English Proficiency
    • $55.00/hr
    • 6 years experience
    • Native English Proficiency
    • $50.00/hr
    • 4 years experience
    • Academic Writing, Research, Referencing, Zero-Plagiarism
    • $10.00/hr
    • 8 years experience
    • Academic Writing, Research, Referencing, Zero-Plagiarism
    • $32.00/hr
    • 6 years experience
    • Academic Writing, Research, Referencing, Zero-Plagiarism
    • $25.00/hr
    • 5 years experience
    • Academic Writing, Research, Referencing, Zero-Plagiarism
Studyhelp247 Staff

Studyhelp247 Staff

Study Help 24/7 offers timely and professional assignment and homework help services to students from all over the world.

Studyhelp247.com - Powered by You!!

Hi,

It's Time to Boost your Grades

Here’s $5 to Help you Ask your First Question on Studyhelp247

1000+ Questions Asked From

Around the World
Front Studyhelp247 Bg