Home / Questions / Consider three industries organic onion farming aluminum production and car production. a....

Consider three industries organic onion farming aluminum production and car production. a. Drawing on the characteristics of a competitive market outlined in the chapter explain which of the

Consider three industries: organic onion farming, aluminum production, and car production. a. Drawing on the characteristics of a competitive market outlined in the chapter, explain which of the industries named is most likely to be perfectly competitive. Be sure to explain why those industries you believe are less competitive fail to meet the criteria outlined in the chapter. b. The vast majority of industries are probably not perfectly competitive. Why, then, do you suppose economics courses emphasize the study of perfect competition as much as they do?

Apr 09 2020 Read more Less More

Answer (Solved)

question Subscribe To Get Solution

Recent Questions

Chat Now

Welcome to Live Chat

Welcome to MyCourseHelp Services, World's leading Academic solutions provider with Millions of Happy Students.

Please fill in the form