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Explain why a price-taker firm cannot increase profits by setting its price higher than the market p

stars_and_moon

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8 years ago

Explain why a price-taker firm cannot increase profits by setting its price higher than the market p

Explain why a price-taker firm cannot increase profits by setting its price higher than the market price.

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kingby

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stars_and_moon Author

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#2

8 years ago

I compared your answer with a buddy, and it matches

Thanks

kingby

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#3

8 years ago

I was slightly debating this one, thanks for the feedback

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