Economy, asked by Anonymous, 8 months ago

Using the definition of a price taker as your guide, explain why each of the following
industries meets or does not meet the criteria? (3 marks)
i) University Education
ii) Wheat Industry
iii) Restaurants

Answers

Answered by s02371joshuaprince47
0

Answer:

The company may have trouble meeting its debt obligations, which might lead to bankruptcy. Reducing operating expenses may offset some of the drop in revenue

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