Market Form-price taker
In which market form, the firm is a price taker? Answer: In Perfect competition
In which market form, the firm is a price taker?
Answer: In Perfect competition
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Elucidate what kind of market supply and demand information would be use full to you in deciding on a business policy?
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Describe the implication of freedom of entry and exit to the firms beneath perfect competition.
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I have a problem in economics on Resources and Products Flow Model. Please help me in the following question. The eventual owners of all resources and products in the society are as follows: (i) households. (ii) Firms. (iii) The tax-paying public. (iv
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