A. Firms cooperate
B. Firms act as part of cartel
C. Firms are competitive
D. Firms are not profit maximisers
Correct Answer: Firms are competitive ✔
Last Updated: June 18, 2019
A. Firms cooperate
B. Firms act as part of cartel
C. Firms are competitive
D. Firms are not profit maximisers
Correct Answer: Firms are competitive ✔
Last Updated: June 18, 2019