Answered: Who determines the price of a good or…

Who determines the price of a good or service for other firms in an industry? manufacturer consumers producers price leader

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Who determines the price of a good or service for other firms in an industry?

manufacturer

consumers

producers

price leader

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