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What Is a Price Maker

Question 94

Multiple Choice

What is a price maker?


A) A person who actively seeks out the best price for a product that he or she wishes to buy
B) A firm that has some control over the price of the product it sells
C) A firm that is able to sell any quantity at the highest possible price
D) A consumer who participates in an auction where she announces her willingness to pay for a product

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