Question $15$

When there is high competition in a market $($perfect competition$)$

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

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

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

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

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