Business
Business, 11.06.2021 14:00, brittanyjacob8

8 A small farmer is more likely to operate in a perfectly competitive market than a company like AB
inBev because...
a) a small business is more likely to keep close control on costs than a large firm.
b) AB inBev employs many people, whereas perfectly competitive firms are owner-managed.
c) the demand for beer is less elastic than the demand for food.
d) a small farmer supplies a small share of market supply.​

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Answers: 2

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8 A small farmer is more likely to operate in a perfectly competitive market than a company like AB...

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