content area top Part 1 Which of the following is true of a firm in a perfectly competitive market? Question content area bottom Part 1 A. The firm is aware of its competitors' costs. B. The firm can sell as much of its product as it wishes at the market price. C. The firm can affect the market conditions in a significant way. D. The firm competes actively with other sellers in the industry. E. The firm can set the price it charges