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Author Question: Both buyers and sellers are price takers in a perfectly competitive market because (Read 157 times)

vicotolentino

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on: Oct 8, 2019

Both buyers and sellers are price takers in a perfectly competitive market because


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both buyers and sellers in a perfectly competitive market are concerned for the welfare of others.


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each buyer and seller knows it is illegal to conspire to affect price.


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the price is determined by government intervention and dictated to buyers and sellers.


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each buyer and seller is too small relative to others to independently affect the market price.

InMicro ¦ Hubbard, O'Brien ¦ 1st Edition
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Marked as best answer by vicotolentino on Oct 8, 2019

Dunkey

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Reply #1 on: Oct 8, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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vicotolentino

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Reply #2 on: Oct 8, 2019
Excellent


Dunkey

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Reply #3 on: Oct 8, 2019
Great! Please up vote :D


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