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Which of the Following Is the Best Example of a Business

Question 88

Multiple Choice

Which of the following is the best example of a business firm operating in a competitive price-taker market?


A) a Midwest farmer producing beef cattle
B) a Laundromat located a few blocks from a major university
C) a pizza parlor located in a major metropolitan area
D) a small brewery supplying a local brand of beer
E) Wal-Mart, a large retailer that competes in many markets

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