Question
A company is a price-taker when ________. A. it has very high fixed costs B. it has considerable flexibility in setting prices of its products
A company is a price-taker when ________.
A. it has very high fixed costs
B. it has considerable flexibility in setting prices of its products
C. it operates in a highly competitive market
D. its product is unique
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Forensic And Investigative Accounting
Authors: Crumbley D. Larry, Fenton Edmund D., Jr. Smith G. Stevenson
9th Edition
0808053221, 9780808053224
