In a perfect competition, the market price is determined ...
In a perfect competition, the market price is determined by_______
The government
The producer
The consumer
The market supply and demand junctions
Correct answer is D
Since the buyers or sellers cannot influence the price of goods and services. The Demand and Supply determined the price the firm can sell any quantity it wishes.
A tariff is a tax imposed on ...
When a consumer is at equilibrium, the MRSxy is equal to the ...
The central bank controls the activities of other banks by all but one of the following ...
Who controls a limited liability company? ...
Which of the following is NOT a contribution of agriculture to industrial development? ...
One form of business organization which is not motivated solely by the profit objective is the ...
Government of West African countries levy taxes to ...
A major characteristics of a firm operating at a long-run equilibrium position is that ...