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johnpaul92 johnpaul92
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8 years ago
A firm is a price taker if it
A) uses a pricing strategy to gain market share.
B) takes consumer demand into consideration in setting its price.
C) takes its production costs into consideration in setting its price.
D) always sells its output at the industry-determined price.
Textbook 
Macroeconomics

Macroeconomics


Edition: 8th
Authors:
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supamansupaman
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8 years ago
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johnpaul92 Author
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#2
8 years ago
Wow, you answered what I thought was impossible to answer, thank you!
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