172k views
19 votes
In a competitive market, no single producer can influence the market price because.

User Elssar
by
7.7k points

1 Answer

7 votes

Step-by-step explanation:

many other sellers are offering a product that is essentially identical consumers have more influence over the market price than producers do.

User Sampathpremarathna
by
8.3k points

No related questions found

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.