What do free entry and exit refer to?
a. the ability of businesses to hire and fire staff as...
Social Studies, 06.10.2019 23:00 malika61
What do free entry and exit refer to?
a. the ability of businesses to hire and fire staff as needed for rising and falling levels of production
b. the ability of businesses to begin or end production and sales according to profitability
c. the entry of mergers and exit of small producers common in perfectly competitive markets
d. the repetitive process of the rise and fall of demand in the marketplace?
Answers: 1
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