21) Getting a completely aggressive corporation, the price of their good is equivalent to the brand new firm’s limited money while the A beneficial) rate and e monetary concepts. C) information regarding speed change is difficult to come by to have short vendors. D) there are only some businesses in the business. E) individual very well competitive businesses you should never determine the business rate by the altering its efficiency.
E) there are many different companies generating the same device
22) A dominance happens when A beneficial) several companies manage the business. B) each of of numerous agencies produces something that is slightly other out-of compared to the other enterprises. C) one enterprise try larger than all of the other firms that make a similar product. D) one enterprise offers a who’s got zero personal alternatives and you will a boundary reduces entry to many other organizations.
23) For a completely competitive enterprise, limited money is An excellent) less than the price. B) vague as firm’s request curve are horizontal. C) comparable to the purchase price. D) equivalent to the change in make the most of promoting an extra tool. E) higher than the price.
B) is equivalent to the market industry rates
24) Finest race is actually characterized by all following the But Good) no limits towards entry on otherwise get-off on globe. B) providers develop a similar product. C) consumers and you will sellers are advised on prices. Lees verder