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Question 2 For each of the following, do you think the business is a price-taking producer?Explain your answers. a.A cappuccino caf in a university town

Question 2

For each of the following, do you think the business is a price-taking producer?Explain your answers.

a.A cappuccino caf in a university town where there are dozens of very similar cappuccino cafs.

b.The makers of Pepsi-Cola.

c.One of many sellers of zucchini at a local farmers' market.

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