2. What determines the price and quantity of a good in a perfectly competitive market? a. The intersection of the supply and the demand curve. b. The presence or absence of substitute goods. C. The government. d. The position of the demand curve.

2. What determines the price and quantity of a good in a perfectly competitive market? a.The intersection of the supply and the demand curve. b. The presence or absence of substitute goods. c.The government. d. The position of the demand curve.