Exam Question
“If the demand curve confronting an individual firm is perfectly elastic, then firm is”
- 1. Price taker
- 2. Adjust output
- 3. Adjust price
- 4. All of these
View Answer
Answer 1. Price taker
Practice set and Exam Quiz
Yes! You can do Online MCQ practice of Managerial Economoics question set and give online exam quiz test for Managerial Economoics, so you can check your knowledge. You can get MCQ Study and Exam link from home page.