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

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Principles Of Economics

ISBN: 9781506699868

2nd Edition

Authors: OpenStax

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Question Posted: Oct 29, 2023 01:22 PM

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

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In a perfectly competitive market a firm does not decide what price to charge instead it takes the market price as given The firm is a price taker mea...View the full answer

Principles Of Economics

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