Aseller in a competitive market can:
a. sell all it wants at the going price, so it has no r...
Aseller in a competitive market can:
a. sell all it wants at the going price, so it has no reason to charge less.
b. influence the market price by adjusting his output.
c. influence the profits earned by competing firms by adjusting his output.
d. all of the above are correct.
Answers: 2
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