The firm Mike worked for enjoyed the competition.
举一反三
- Select the statement that distinguishes monopolistic competition from perfect competition. A: No barriers to entry/exist in monopolistic competition. B: A firm in monopolistic competition can set its own price and output. C: A firm in monopolistic competition makes zero economic profit in the long run. D: Close substitutes are available in monopolistic competition.
- Mike enjoyed __________.
- Mike enjoyed A: A B: B C: C
- When analyzing competition, one should put more emphasis on direct competition than on indirect competition.
- 50. Boomers worked hard because there was intense competition.