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    Microeconomics Private and Public Choice Study Set 1
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    Exam 9: Price Takers and the Competitive Process
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    Firms That Are Price Takers
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Firms That Are Price Takers

Question 175

Question 175

Multiple Choice

Firms that are price takers


A) are small relative to the total market.
B) produce products that are different than their competitors.
C) can sell only a portion of their output at the market price.
D) have downward-sloping demand curves.

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