A firm that has the ability to control to some degree the price of the product it sells:__________ a. is also able to dictate the quantity purchased. b. faces demand curve that is inelastic throughout

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asked Feb 28, 2022 39.9k views

5 votes

A firm that has the ability to control to some degree the price of the product it sells:__________

a. is also able to dictate the quantity purchased.
b. faces demand curve that is inelastic throughout the range of market demand
c. is a price maker
d. faces a perfectly inelastic demand curve