Which Statement Does NOT Reflect a Price-Taking Firm

question 168

Multiple Choice

Which statement does NOT reflect a price-taking firm

• A)If the firm were to charge more than the going price, it would sell none of its goods.
• B)The firm has no incentive to charge less than the going price.
• C)The firm can sell as much as it wants to sell at the going price.
• D)Consumers have a major impact on price, not firms.

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