asked 172k views
19 votes
In a competitive market, no single producer can influence the market price because.

asked
User Elssar
by
7.7k points

1 Answer

7 votes

Step-by-step explanation:

many other sellers are offering a product that is essentially identical consumers have more influence over the market price than producers do.

No related questions found

Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.