Business Studies, asked by bencyjohn123, 10 months ago

a business firm boarding sugar to increase its prices in the market by creating artificial shortage in the market.

Answers

Answered by jaydensquires23

Answer:

a perfectly competitive firm is known as a price taker because the pressure of competing firms forces them to accept the prevailing equilibrium price in the market. if a firm in a perfectly competitive market prices the price of each product by so much as a penny, it will loss all of its sales to competitors

Explanation:

Answered by HeartHacker

Answer:

a perfectly competive farm is called

price taker becz the pressure of competing firms forces accepting the preveling of equbrrium price in the market .

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mark as branilist

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