Register
A perfectly competitive firm is described as a market with ______
107k views
0 votes
A perfectly competitive firm is described as a market with ______

User Jomartigcal
by
8.7k points

1 Answer

5 votes
It describes a market with plenty of buyers and firms, identical products, price takers towards firms and consumers, and no set of barriers for new firms. The prices are established through the communication of the market's supply and demand.
User Josoler
by
8.7k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.5m questions

12.2m answers

Other Questions

Passe para a voz passiva: - Kevin asked Dennis a question -Somebody Build the house last year -She gives him a box
Who is the author of Alice's Adventures in Wonderland'??
If you are writing a persuasive essay in favor of banning vending machines in schools, which is a counterargument you might anticipate?
Which sentence has a misplaced adjective phrase? A. A clown at the fair with pink hair gave me a balloon. B. Marjorie is my cousin from Florida. C. My sister is the girl in the basketball jersey. D. That
How many words can you make out of scotland
Link Copied!