Question

This is for Economics Class

Please help fill in the blanks,
thank you!

An entrepreneur has NO
control over the price of his
good in a state of_______
He has total control over the
market price in a state
of________
He has SOME control over
market price in a state of
either or______

Answer 1

1. Perfect competition 2. Monopoly 3. Oligopoly or imperfect competition

Step-by-step explanation: