Price below perfect competition
Who decides price beneath perfect competition? Answer: Price under perfect competition is recognized by the forces of market demand and supply in business.
Who decides price beneath perfect competition?
Answer: Price under perfect competition is recognized by the forces of market demand and supply in business.
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While marginal cost is positive, a profit maximizing monopolist will control where marginal revenue is: (w) positive. (x) negative. (y) zero. (z) positive, zero, or negative, depending upon elasticity of demand. Discover Q & A Leading Solution Library Avail More Than 1443217 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads No hassle, Instant Access Start Discovering 18,76,764 1935359 Asked 3,689 Active Tutors 1443217 Questions Answered Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!! Submit Assignment
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