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adnan_buljic adnan_buljic
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A year ago
Which of the following statements correctly describes a competitive market?

▸ Buyers and sellers negotiate prices before making exchanges.

▸ A single seller sometimes has the ability to dictate the market price.

▸ The market price is determined by the interaction of demand and supply.

▸ The market price for the same good varies from seller to seller.
Textbook 
Macroeconomics

Macroeconomics


Edition: 3rd
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maneee1maneee1
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A year ago
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adnan_buljic Author
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A year ago
This site is awesome
kater28
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Smart ... Thanks!
Natalie Price
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You make an excellent tutor!
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