Question

True or False: Although price searchers can set their prices, the prices they can set are still affected by market conditions. True False

Answer 1

Although price searchers can set their prices for products, the prices they can set are however, still affected by market conditions: True.

What is price?

Price refers to the amount of money that is set by a seller and must be paid by a buyer (customer) to the seller (producer), so as to enable the acquisition of these goods or services.

Although price searchers can set their prices for the goods (products) they sell or service they render, the prices they can set are however, still affected by various market conditions such as:

• Inflation

• Recession

Read more on price here: brainly.com/question/11898489