If a Firm Has No Ability to Select the Price

question 77

Multiple Choice

If a firm has no ability to select the price of its product, it:

• A) will go out of business due to losses.
• B) is a price-maker.
• C) cannot maximize profit.
• D) has a horizontal individual demand curve.

---

Definitions:

Unrequited Love

A type of love where one person loves another who does not return that love.

Unreciprocated Love

A situation where one person's feelings of love are not returned by the object of their affection.

Stalking

Unwanted and/or repeated surveillance by an individual towards another person, causing fear or distress.

Unrequited Love

A type of love not openly reciprocated or understood as such by the beloved, leaving one person's feelings unreturned.