________ refers to the ability of sellers to affect market prices.
A) Goodwill
B) Market hold
C) Market power
D) Capital adequacy

Question

Quizplus · Accepted Answer

Market power refers to the ability of sellers to affect market prices, often through their control over supply or through their ability to differentiate their products from competing offerings. Goodwill refers to the intangible value of a business based on its reputation and client relationships. Market hold and capital adequacy are not relevant to this concept.

________ Refers to the Ability of Sellers to Affect Market