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yolipoObdjPiernie3 yolipoObdjPiernie3
  • 06-01-2017
  • Business
Answered

When a producer can control the market price for the good it sells, the producer?

Verified Answer :

lamochick
lamochick lamochick
  • 06-01-2017

Can control market price? That means they are the "PRICE MAKER". If you are under the influence of price in the market, ie cant control the 'P.L' you are a PRICE TAKER.

Hope that answered you're question.

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