Who determines the price in perfect competition – Industry or Firm?
Answers
Answered by
0
Explanation:
There is one market price in perfect competition firms can't charge different prices as they are selling identical products. In perfect competition the firms and sellers are price takers. The price in perfect competition is determined by market forces which is demand and supply.
Answered by
0
Answer:
.⬇️⬇️.
this is one of the market price that determine surprise in perfect competition on the industry...♥️...♥️
Similar questions