Firms in perfect competition face a?

Related Mcqs:

In monopolistic competition ?

A. Firms face a perfectly elastic demand curve B. All products are homogeneous C. Firms make normal profits in the long run D. There are barriers to entry to prevent entry...

A competitive firm demand curve is ?

A. Horizontal B. vertical C. downward sloping D. elastic...

A competitive firm produces a level of output at which ?

A. Price is greater than marginal cost B. price equals marginal cost C. price is less than marginal cost D. None of the above...

Which of the following is not one of the four Ps in marketing ?

A. Product B. Price C. Place D. Presence...

In monopolistic competition ?

A. There are few sellers B. There are few buyers C. There is one seller D. There are many sellers...