×
Perfect competition occurs when there are many sellers, there is easy entry and exiting of firms, products are identical from one seller to another, and sellers ...
People also ask
Which of the following best describes the profit-maximizing rule for a perfectly competitive firm? Choose 1 answer: Choose 1 answer: (Choice A).
Perfect competition | Microeconomics | Khan Academy. ... Perfect CompetitionCharacteristics of Perfect Competition. Video duration: 8m. Play a video: play ...