asked 50.5k views
6 votes
How does a perfectly competitive firm decide what price to charge?

A. The same way as firms in a monopolistically competitive firm
B. the market price
C. the total cost of doing business
D. It adds up costs and profit requirments

asked
User MikeAr
by
8.0k points

1 Answer

9 votes

Answer:

How does a perfectly competitive firm decide what price to charge?

A. The same way as firms in a monopolistically competitive firm

B. the market price

C. the total cost of doing business

D. It adds up costs and profit requirments

answered
User Roman Usherenko
by
8.5k points
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