127k views
3 votes
How much control over price do companies in a perfectly competitive market
have?

How much control over price do companies in a perfectly competitive market have?-example-1
User Chemila
by
8.7k points

2 Answers

4 votes

Answer:

______________

  • A. very little

______________

User AmirtharajCVijay
by
8.7k points
2 votes

Answer:

NONE!!! is the answer

Step-by-step explanation:

Buyers have no control over prices in a perfectly competitive market. Instead, prices accurately reflect how much the market valuates the resources that have gone into the product.

User Sean Glover
by
7.8k points

No related questions found

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