Home › CBSE Class 11 (Arts) › Economics › Perfect Competition › With many buyers and sellers, individuals cannot
With many buyers and sellers, individuals cannot
Abuy any goods
Bmove the price much
Center the market
Dearn any profit
Answer & Solution
Correct answer: B. move the price much
Each participant is too small relative to the market to move the price, which is why they are price takers.
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