{"id":71029,"date":"2018-02-20T23:50:30","date_gmt":"2018-02-20T23:50:30","guid":{"rendered":"https:\/\/writemyessayfree.com\/it-is-said-that-in-a-perfectly-competitive-market-raising-the-price-of-a-firms-product-from-the-prevailing-market-price-of-179-00-to-199-00"},"modified":"2017-08-18T06:17:27","modified_gmt":"2017-08-18T06:17:27","slug":"it-is-said-that-in-a-perfectly-competitive-market-raising-the-price-of-a-firms-product-from-the-prevailing-market-price-of-179-00-to-199-00","status":"publish","type":"post","link":"https:\/\/www.benedictsol.com\/blogs\/it-is-said-that-in-a-perfectly-competitive-market-raising-the-price-of-a-firms-product-from-the-prevailing-market-price-of-179-00-to-199-00\/","title":{"rendered":"It is said that in a perfectly competitive market, raising the price of a firm\u2019s product from the prevailing market price of $179.00 to $199.00"},"content":{"rendered":"<p>It is said that in a perfectly competitive market, raising the price of a firm\u2019s product from the prevailing market price of $179.00 to $199.00 ____________________.<\/p>\n<p>A.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; a. is a sure sign the firm is raising the given price in the market<\/p>\n<p>B.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Could likely result in a notable loss of sales to competitors<\/p>\n<p>C.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; C. Will cause the firm to recover some of its opportunity costs<\/p>\n<p>D.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; D. Will likely cause the firm to reach its shutdown point immediately<\/p>\n","protected":false},"excerpt":{"rendered":"<p>It is said that in a perfectly competitive market, raising the price of a firm\u2019s product from the prevailing market price of $179.00 to $199.00 ____________________. A.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; a. is a sure sign the firm is raising the given price in <a href=\"https:\/\/www.benedictsol.com\/blogs\/it-is-said-that-in-a-perfectly-competitive-market-raising-the-price-of-a-firms-product-from-the-prevailing-market-price-of-179-00-to-199-00\/\" class=\"read-more\">Read More &#8230;<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-71029","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/71029","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/comments?post=71029"}],"version-history":[{"count":0,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/71029\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/media?parent=71029"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/categories?post=71029"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/tags?post=71029"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}