Top Posters
Since Sunday
w
5
a
3
j
2
a
2
t
2
u
2
r
2
j
2
j
2
l
2
d
2
y
2
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
whipped whipped
wrote...
Go to Answer
Posts: 560
Rep: 0 0
7 years ago
Which of the following statements is true?
A) A buyer who sets a price so that he can purchase any amount of a good he wants at a fixed price, if he has the money to pay for it, is called a price leader.
B) All buyers in a perfectly competitive market set prices to compete in their market.
C) The relative prices of goods do not affect a consumer's buying decision.
D) A consumer in a perfectly competitive market buys only a tiny fraction of the total amount produced.
Textbook 
Microeconomics

Microeconomics


Edition: 1st
Authors:
Read 101 times
1 Reply
Replies
Answer verified by a subject expert
SimplemanSimpleman
wrote...
#1
Top Poster
Posts: 584
Rep: 25 0
7 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

whipped Author
wrote...

7 years ago
This helped my grade so much Perfect
macbookpro1
wrote...

Yesterday
Good timing, thanks!
Shuqin
wrote...

2 hours ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1484 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 656
  
 911
  
 2812
Your Opinion
Which industry do you think artificial intelligence (AI) will impact the most?
Votes: 484
Previous poll results: Should Ph.D.'s be addressed as doctors?