abeka economics reading quiz G
Pataasin ang iyong marka sa homework at exams ngayon gamit ang Quizwiz!
Under perfect competition, should there be a large number of independent sellers or buyers or both?
both
True/False: in a perfectly competitive market, each firm is known as a price maker
false
True/False: in an unrestricted market, price and quality are determined by a few bargains among sellers and buyers
false
how many market model types are there?
four
A group of firms that produce similar products, such as cars, is called what?
industry
