Question and answer
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
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Asked 3/17/2016 12:34:41 PM
Updated 2/19/2017 7:59:19 AM
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User: 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

Weegy: D)the entry of mergers and exit of small producers common in perfectly competitive markets
Sofia04|Points 81|

Question
Asked 3/17/2016 12:34:41 PM
Updated 2/19/2017 7:59:19 AM
1 Answer/Comment
This conversation has been flagged as incorrect.
Flagged by matahari [2/19/2017 7:59:13 AM]
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Free entry and exit refer to the ability of businesses to begin or end production and sales according to profitability.
Added 2/19/2017 7:59:19 AM
This answer has been confirmed as correct and helpful.
Confirmed by Andrew. [2/20/2017 1:56:24 AM]
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