6. Economists refer to perfectly competitive firms as price-takers and to monopolies as price-makers. Why?

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6. Economists refer to perfectly competitive firms as price-takers and to monopolies as price-makers.

Why?

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Principles Of Microeconomics

ISBN: 9781913689681

7th Edition

Authors: Fred M. Gottheil

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Question Posted: Nov 08, 2024 02:01 AM

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6. Economists refer to perfectly competitive firms as price-takers and to monopolies as price-makers. Why?

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Principles Of Microeconomics

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