Perfect competition - self-test questions
1 |
Assumptions of perfect competitionWhich of the following are assumptions we make about perfect competition? (Select all responses that are correct) |
2 |
Long-run equilibrium - perfect competitionWhich of the following will be true when a firm is in long-run equilibrium in perfect competition? (Select all responses that are correct) |
3 |
Long-run equilibrium - perfect competitionWhich of the following will be true when a firm is in short-run equilibrium in perfect competition? |
4 |