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Business, 01.12.2021 01:00 vero5047

A firm in a price-taker market: must take the price that is determined in the market. must reduce its price if it wants to sell a larger quantity. must be large relative to the total market. can exert a major influence on the market price

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A firm in a price-taker market: must take the price that is determined in the market. must reduce it...
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