Question
Answered step-by-stepAsked by ProfLemurMaster816 on coursehero.com
Which of the following is NOT a characteristic of a perfectly...
Which of the following is NOT a characteristic of a perfectly competitive industry?
A. firms seek to maximize profits
B. profits may be positive in the short run
C. there are many firms
D. there are differentiated products
Answer & Explanation
Solved by verified expertAnswered by BrigadierHeat2351 on coursehero.com
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