Question $29$

Based on what we have learned in class, when the market it working and competition is widespread, firms have

a$.$ control over the price that they can charge, and they make a positive economic profit.

b$.$ little or no control over the price that they can charge and they make extreme economic profits.

c$.$ control over the price that they can charge, and they make little or no economic profit.

d$.$ little or no control over the price that they can charge, and they make a negative economic profit.

e$.$ little or no control over the price that they can charge and they make little or no economic profit.