As a seller, you would be considered part of a perfectly competitive market if:

Name: As a seller, you would be considered part of a perfectly competitive market if:
Brand: Quizplus
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Question

Quizplus · Accepted Answer

In a perfectly competitive market, no individual seller has the ability to affect the market price. The market price is solely determined by the overall supply and demand for the product. Therefore, any actions taken by an individual seller, such as changes in pricing, will essentially have no effect on the market price.

As a Seller, You Would Be Considered Part of a Perfectly