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Why Can't A Perfectly Competitive Firm Influence Industry Price?

Economics problems.

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    In perfect competition it is not possible for a firm to influence industry prices. In fact the company has to strive hard in order to maintain its level with the industry. In a monopoly it is very easy to influence industry prices. However, in a perfect competition it is not possible.
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    Aicha 

    answered 1 year ago

      Because there are many firms and it is not easy to influence price
      0 0
      Guest

      Guest 

      answered 8 months ago

        Market structure of Mc Donald's
        0 0
        Guest

        Guest 

        answered 8 months ago

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