Profit and Resource Value in Perfect Competition

Answered using GPT-4o mini by AI Answer Generator

Question:

Under perfect competition, the rate of profit tends to be ______ in all industries, so the marginal value of resources is ______ in all industries.

the same; different

the same; the same

different; the same

different; different

Answer:

Under perfect competition, the rate of profit tends to be the same in all industries, so the marginal value of resources is the same in all industries.

Therefore, the correct answer is: the same; the same.