Question

In competitive markets: Group of answer choices firms set the prices for their products with little concern for the consumer. firms control the prices they charge. market forces are much stronger than individual firms are. individual firms are much stronger than the market forces are. market forces set the quantity in the market but not the prices.

Answer 1

market forces are much stronger than individual firms are

Step-by-step explanation:

In a competitive market, firms are price takers. They do not set the price for their products. Prices are set by market forces.