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Homework answers / question archive / In a competitive market, no single producer can influence the market price because: a

In a competitive market, no single producer can influence the market price because: a

Business

In a competitive market, no single producer can influence the market price because:

a. Many other sellers are offering a product that is essentially identical,

b. Consumers have more influence over the market price than producers do,

c. Government intervention prevents firms from influencing price,

d. Producers agree not to change the price.

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