Solved

A Factor Price Taker Is a Firm That

Question 127

Multiple Choice

A factor price taker is a firm that


A) can sell as many units of its good as it wants without affecting price.
B) sells fewer units of its good at higher prices than lower prices.
C) can buy all of a factor it wants at the equilibrium price.
D) drives up factor price if it buys an additional factor unit.
E) none of the above

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions