Question

A price searcher a. faces a horizontal demand curve. b. is a seller that searches for the best location to sell its product. c. is a seller that has the ability to control to some degree the price of the product it sells. d. is a seller that searches for good employees and pays them a low wage.

Answer 1

Answer: The correct answer is "c. is a seller that has the ability to control to some degree the price of the product it sells.".

Explanation: A price searcher is a seller that has the ability to control to some degree the price of the product it sells.