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Title: No single buyer or seller has much effect on the going price. If price and profits rise, new sellers
Post by: a8oobra on Apr 1, 2016
No single buyer or seller has much effect on the going price. If price and profits rise, new sellers can easily enter the market. These characteristics are typical of pricing under a _____ type of market.
A) monopolistic competition
B) oligopolistic competition
C) pure competition
D) pure monopoly


Title: Re: No single buyer or seller has much effect on the going price. If price and profits rise, new sel
Post by: magnas on Apr 24, 2016
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Title: Re: No single buyer or seller has much effect on the going price. If price and profits rise, new sellers
Post by: a8oobra on May 3, 2016
:white_check_mark: Correct!


Title: Re: No single buyer or seller has much effect on the going price. If price and profits rise, new sellers
Post by: magnas on May 4, 2016
Thanks for the feedback