Individual firms have the MOST degree of control over their prices charged in a ___ price environment.
A) company-controlled
B) market-controlled
C) government-controlled
D) deregulated-market

Question

Quizplus · Accepted Answer

In a company-controlled price environment, individual firms have the most autonomy and control over setting their own prices, as opposed to environments where prices are determined by market competition, government regulations, or deregulation which could limit a company's ability to set prices independently.

Individual Firms Have the MOST Degree of Control Over Their