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    Exam 9: Price Takers and the Competitive Process
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    A Firm That Must Sell Its Output at a Market-Determined
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A Firm That Must Sell Its Output at a Market-Determined

Question 259

Question 259

Multiple Choice

A firm that must sell its output at a market-determined price is called a


A) price-taker firm.
B) price-searcher firm.
C) price-setter firm.
D) price-maker firm.

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