Question

In a perfectly competitive market, individual consumers have _____.

Answer 1

In a perfectly competitive market, the individual consumers have the free to choose whatever they want because the individual buyers and sellers’ decisions is not associated or could not affect the market price that made them to have a freedom on their decisions.

Answer 2

I believe the answer is: No influence over determining price.

In a perfectly competitive market, the products that sold by all sellers have similar price and typically have the same type and quality.

In this market, the price usually cannot be negotiable because the customers wouldn't find any better or worse price if they move to other sellers.