Ask Question
25 August, 04:05

A price maker Group of answer choices faces a horizontal demand curve. is a seller that searches for good employees and pays them a low wage. is a seller that searches for the best location to sell its product. is a seller that has the ability to control to some degree the price of the product it sells.

+4
Answers (1)
  1. 25 August, 04:46
    0
    Answer: is a seller that has the ability to control to some degree the price of the product it sells.

    Explanation:

    A price maker is a firm with the ability to influence the market price of its goods or services.

    Features of a price makers

    1. They are usually monopolies

    2. They have a downward-sloping demand curve

    3 The goods they produce do not have perfect substitutes,
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “A price maker Group of answer choices faces a horizontal demand curve. is a seller that searches for good employees and pays them a low ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers