What is it called when a firm in a purely competitive market is unable to influence...
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What is it called when a firm in a purely competitive market is unable to influence the market price no matter how much output the firm produces? A. price maker B. monopoly C. inelastic demand D. price taker What is it called when a firm in a purely competitive market is unable to influence the market price no matter how much output the firm produces? A. price maker B. monopoly C. inelastic demand D. price taker
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