Free entry means that
A、the government pays any entry costs for individual firms.
B、no legal barriers prevent a firm from entering an industry.
C、a firm's marginal cost is zero.
D、a firm has no fixed costs in the short run.
A、the government pays any entry costs for individual firms.
B、no legal barriers prevent a firm from entering an industry.
C、a firm's marginal cost is zero.
D、a firm has no fixed costs in the short run.
A. forward agent B. seller C. buyer D. carrier
A、policy bank
B、commercial bank
C、central bank
D、government
A、nuclear power
B、municipal water and sewer
C、dairy farming
D、airport security
A、restaurants
B、municipal water and sewer
C、soybean farming
D、selling running apparel
A、market entrants.
B、monopolists.
C、free riders.
D、price takers.
A、If a firm charges less than the market price, it loses potential revenue.
B、If a firm charges more than the market price, it loses all its customers to other firms.
C、The firm can sell as many units of output as it wants to at the market price.
D、All the choices are correct.
为了保护您的账号安全,请在“简答题”公众号进行验证,点击“官网服务”-“账号验证”后输入验证码“”完成验证,验证成功后方可继续查看答案!