Question

This firm is:_______

a. selling its product in a purely competitive market.
b. selling its product in an imperfectly competitive market.
c. hiring workers in an imperfectly competitive market.
d. hiring workers in a purely competitive market.

Answer 1

A) selling its product in a purely competitive market

Step-by-step explanation:

Firm is a unit of a company, there is high level of competition because of similar products in the market. Most times demand of customers determine the price in the market.