Asked by Jeniffer
Please I would to know if I choose the correct answer.
Which of the following characteristics does perfect competition share with monopolistic competition?
a)Price-taking firms
b)Zero long-run economic profit
c)homogeneous product
d)some barriers to entry
Which of the following characteristics does perfect competition share with monopolistic competition?
a)Price-taking firms
b)Zero long-run economic profit
c)homogeneous product
d)some barriers to entry
Answers
Answered by
Storm
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