IDNLearn.com: Your reliable source for finding expert answers. Our platform is designed to provide reliable and thorough answers to all your questions, no matter the topic.

How does a perfectly competitive firm decide what price to charge?
A. The same way as firms in a monopolistically competitive firm
B. the market price
C. the total cost of doing business
D. It adds up costs and profit requirments


Sagot :

Answer:

How does a perfectly competitive firm decide what price to charge?

A. The same way as firms in a monopolistically competitive firm

B. the market price

C. the total cost of doing business

D. It adds up costs and profit requirments

Thank you for participating in our discussion. We value every contribution. Keep sharing knowledge and helping others find the answers they need. Let's create a dynamic and informative learning environment together. Trust IDNLearn.com for all your queries. We appreciate your visit and hope to assist you again soon.