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    Principles of Microeconomics Study Set 10
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    Exam 14: Firms in Competitive Markets
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    In a Competitive Market, the Actions of Any Single Buyer
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In a Competitive Market, the Actions of Any Single Buyer

Question 96

Question 96

Multiple Choice

In a competitive market, the actions of any single buyer or seller will


A) discourage entry by competitors.
B) influence the profits of other firms in the market.
C) have a negligible impact on the market price.
D) None of the above is correct.

Correct Answer:

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