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According to Mager,what is the major goal of objectives?
Price Takers
Firms or individuals who accept the market price as given and have no influence to change it.
Product Variety
The range of different goods or services offered by a company or available in a market.
Competitive Price-Searcher
A market participant who sets their prices based on competition and market conditions, often adjusting to attract consumers while remaining profitable.
Demand Conditions
The factors that affect consumers' desire and ability to purchase a product, influencing its market demand.
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