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
5.0k points

2 Answers

4 votes

Answer:

______________

  • A. very little

______________

User AmirtharajCVijay
by
4.7k 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
5.0k points