23. When firms are said to be price takers, it implies that if a firm raises...

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23. When firms are said to be price takers, it implies that if a firm raises its price, a. buyers will go elsewhere. b. buyer

business economics

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The answer is option a- buyers will go elsewhere

When firms are said to be price takers, it implies that if a firm raises its price, buyers will go elsewhere

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Ver: 3 Name: Date: 2019 FA ECON 101 Exams Ver: 3 10. When firms are said...

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23. When firms are said to be price takers, it implies that if a firm raises...

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