Question: Which three products (any three that work) fall into the market structure of perfect competition? Answer: is all price takers retain perfectly elastic demand? Explain.

  1. Which three products (any three that work) fall into the market structure of perfect competition?

Answer:

is all price takers retain perfectly elastic demand? Explain.

Answer:

  1. Explain why you agree or disagree with the following statement: Whenever Royal Dutch Shell wants to boost its sales of crude oil, they lower prices to draw greater bids.

Answer:

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