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goji.go goji.go
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Posts: 5977
12 years ago
Farmers selling agricultural commodities operate in very competitive market and have little to no control over their prices. Such sellers are price- ________.
A) setters
B) takers
C) makers
D) strategizers
E) skimmers
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Diesel
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bbb
wrote...
12 years ago
B) Some companies operating in very competitive markets may have little to no control over their price. Instead, price is determined in the market through the interaction of demand and supply. These companies may therefore be called price-takers.
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goji.go Authorgoji.go
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12 years ago
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