Question

does a producer or a seller have a right to change the price of commodity main in perfect competition market​

Answer 1

YES, a producer or a seller have a right to change the price of commodity main in perfect competition market

Examples of perfect competitionForeign exchange markets. Here currency is all homogeneous. ... Agricultural markets. In some cases, there are several farmers selling identical products to the market, and many buyers. ... Internet related industries.

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Answer 2

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