Question
In a perfectly competitive market, firms are price takers because: A. There are many sellers, all offering the same product B. All the sellers have
In a perfectly competitive market, firms are price takers because:
A. There are many sellers, all offering the same product
B. All the sellers have agreed to not change the price
C. Consumers have more influence on the market than sellers
D. None of the above
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Advanced Placement Microeconomics
Authors: Bill Hurd
1st Edition
1531150306, 978-1531150303
