In perfectcompetition,

A.a seller cannot legally set their price above the

marketprice.

B. a seller can influence the market price.

C. a seller doesnothave market power and can set a price below the market price.

D. a seller cannot influence the market price.

in perfectcompetition, sellers

A. havemarketcontrol.

B. hopetorecoverallopportunitycosts.

C. arepricemakers.

D. areprofitmakers

The elasticity of demand is lowest in

A.monopolistic competition.

B. oligopoly.

C. monopoly.

D. perfectcompetition.

Which market structure has no

pricing power?

A. monopolistic competition

B. perfectcompetition

C. monopoly

D. oligopoly