Figure: 13-3 -Using Figure 13-3,how Much Price Competition Is Most Likely Available

Figure: 13-3
-Using Figure 13-3,how much price competition is most likely available for bushels of wheat?

A) There is a range of prices at which to sell.
B) The market sets the price so there is no price competition.
C) There is a price leader in the farming industry that sets the price.
D) Since there is only one seller, that firm sets the price.