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mylab.pearson.com C + ECN 104 - F2025 - Section 011 Noorman Hothi Homework: Homework 3 Question Completed: 10 of 60 My score: 10/60 pts (16.67%) Save Part 2 of 2 Minimize list In a perfectly competitive market, a seller cannot choose to raise the price of its good since all sellers in the market produce identical goods , so raising the price would result in losing all its customers . Question | 1/1 pt All firms in a perfectly competitive market are said to be Review Question 2 O A. price neutral. 11 Question | 0/1 pt O B. profitable in the long run. O C. price leaders. Concept Question 6.1.2 O D. price takers. 12 Question | 0/1 pt Review Question 4 13 Question | 0/1 pt Review Question 6 14 Question | 0/1 pt O Review Question 7 15 Question | 0/1 pt Text Problem 3 16 Question | 0/1 pt Text Problem 4 17 Question | 0/1 pt Text Problem 13 Etext pages Grapher Clear all Check