Which of the Following Is Not True of a Perfectly

question 235

Multiple Choice

Which of the following is not true of a perfectly competitive market?

• A)Firms experience constant returns to scale.
• B)Firms face significant barriers to entry.
• C)Economic profit is zero.
• D)Each firm chooses the quantity it wants to sell.
• E)Each firm knows the prices of outputs and inputs.

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An instructional method where learning arises from the association between a naturally present stimulus and one from the environment.

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