In imperfect competition,________.
A)a firm will produce as many units as it can sell
B)the price a firm charges for a unit influences the quantity of units it sells
C)a firm's costs exceeds a competitor's costs
D)a firm's market share is less than a competitor's market share

Question

Quizplus · Accepted Answer

In imperfect competition, a firm's pricing strategy can influence the quantity of units it sells, and it may not necessarily produce as many units as it can sell.

In Imperfect Competition,________