Wednesday
July 23, 2014

Homework Help: Economic

Posted by Jeniffer on Thursday, March 25, 2010 at 4:38pm.

Please I would to know if I choose the correct answer.

Which of the following characteristics does perfect competition share with monopolistic competition?
a)Price-taking firms
b)Zero long-run economic profit
c)homogeneous product
d)some barriers to entry

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