A market structure in which the decisions of individual buyers and sellers have no effect on market price is

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In perfect competition, no individual seller or buyer has enough market power to affect the market price. The market price is solely determined by the forces of supply and demand. Therefore, the decisions of individual buyers and sellers will have no effect on the market price. Monopoly, monopolistic competition, and oligopoly all have varying degrees of market power, meaning the decisions of individual buyers and sellers can influence market price.

A Market Structure in Which the Decisions of Individual Buyers