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A firm in a perfectly competitive market cannot affect its own output price because __________. Group of answer choices price is determined by consumers, not
A firm in a perfectly competitive market cannot affect its own output price because __________. Group of answer choices price is determined by consumers, not producers market demand is perfectly inelastic it is only one firm among many, so the price is determined in the market as a whole they choose not to
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Microeconomics
Authors: Robert Pindyck, Daniel Rubinfeld
8th edition
978-0132870436, 132870436, 013285712X, 978-0133371178, 133371174, 978-0132857123
