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For an IT company, the total cost of production of 1600 computers in the past week was $320,000. Using the formula for unit cost, calculate

For an IT company, the total cost of production of 1600 computers in the past week was $320,000. Using the formula for unit cost, calculate the unit cost for the last week:

Question 14 options:

Because the government is insufficiently active in achieving perfect competition.

Because buyers don't have all of the information needed to make a completely rational decision.

Because there are too many producers for the concept of perfect competitiveness.

Because all producers create essentially the same product.

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