Solved

When There Are Large Numbers of Buyers and Sellers, Then

Question 346

Multiple Choice

When there are large numbers of buyers and sellers, then


A) the products sold must look identical.
B) firms will move labor and capital in pursuit of profit-making opportunities to whatever business venture gives them the highest return on their investment.
C) no one buyer or seller has any influence on price.
D) consumers are able to find out about lower prices charged by other firms.

Correct Answer:

verifed

Verified

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

Related Questions