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Llanis Llanis
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6 years ago
Firms that exhibit price-taking behavior
A) wait for other firms to set price, take it as given, and charge a higher price.
B) have outputs that are too small to influence market price and thus take it as given.
C) take pricing behavior in their own hands.
D) are independently capable of setting price.
Textbook 
Microeconomics

Microeconomics


Edition: 6th
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LBCeaLBCea
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Llanis Author
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6 years ago
Brilliant ツ
aricketts6@
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Yesterday
Correct Slight Smile TY
apelton
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2 hours ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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