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Who determines the price in perfect market?​

asked
User Steprobe
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2 Answers

6 votes

Answer:

who determines the price in perfect market?​

Step-by-step explanation:

sorry i can't answer this without anything to go without it i would help you but their is nothing to go with it :(

answered
User Wesley Chang
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7.7k points
5 votes

Answer:

In a perfectly competitive market individual firms are price takers. The price is determined by the intersection of the market supply and demand curves. The demand curve for an individual firm is different from a market demand curve.

Hope it helps >3!

answered
User KaoD
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8.5k points

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