briehimrich30721 briehimrich30721
  • 15-04-2024
  • Business
contestada

Which of the following would provide the best evidence that a commodity is being produced under conditions of perfect competition?
A.The demand curve facing any one producer is perfectly elastic.
B.The supply curve is perfectly inelastic.
C.The production of the commodity is large.
D.The profits of producers are low.

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