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Individual firms in perfectly competitive industries are price takers because: a) buyers set prices b) the government sets all prices c) firms decide together on the best price to charge d) each individual firm is too small to affect the market price

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Individual firms in perfectly competitive industries are price takers because:

a) buyers set prices

b) the government sets all prices

c) firms decide together on the best price to charge

d) each individual firm is too small to affect the market price