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Title: Which one of the following statements about pricing in a purely competitive market is correct? Post by: alperkilic on Aug 19, 2017 Which one of the following statements about pricing in a purely competitive market is correct?
A) Because there are many buyers and sellers of similar goods, there is little choice but to follow the price of the brand leader. B) The government regulates price increases. C) A high demand and low supply lead to a low price. D) There are no controls over price; the market dictates the price of a good or service. E) An abundant supply and low demand lead to a high price. Title: Re: Which one of the following statements about pricing in a purely competitive market is correct? Post by: BlueFusion on Aug 19, 2017 Content hidden
Title: Re: Which one of the following statements about pricing in a purely competitive market is correct? Post by: alperkilic on Aug 10, 2018 Thank you!
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