Prices will remain high while production costs will be lower in a perfectly competitive market. true or false

FALSE

Explanation:

In a competitive market, companies deliver the same product and compete via price. Thus, if a firm has a lower cost structure, it will provide the product at a lower price and gain more market share. In other words, the most efficient companies will deliver products at the lowest cost to consumers.

the correct answer is c.

well, i can't read it so i'll ask you questions about it : )

if you were a reader and you read the introduction, would you want to read more?

does it start with a question? if so, is it something you would want to read about?

and ask any friends or family for their opinion : )