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In a Perfectly Competitive Market,an Individual Seller Cannot Change the Price

Question 9

Multiple Choice

In a perfectly competitive market,an individual seller cannot change the price of his product.This is because ________.


A) she sells only a small fraction of the total amount of this product in the market
B) changing the price in this type of market is against the law
C) the price is already the optimal choice for her
D) she always earns positive profits

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