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When a firm is considered to be a price taker that means that the firm A) can charge any price that it wants to charge,

When a firm is considered to be a "price taker" that means that the firm

A) can charge any price that it wants to charge, that is, "take" any price it wants.

B) pays a fixed price for all of its inputs.

C) will accept ("take") the lowest price that its customers offer.

D) cannot influence the market price of the good that it sells.

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