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Kamila [148]
3 years ago
13

When it comes to competition and setting prices, it can be said that businesses operating in a Perfect competition

English
2 answers:
lyudmila [28]3 years ago
7 0

Answer: A

Explanation: In perfect competition, no firm or company has the ability to dictate/make the price, even as they sell a homogeneous commodity. Also buyers are well informed about the product, and competition is extremely high.

telo118 [61]3 years ago
6 0
I would have to say "B" because I've seen petrol stations clumped together with extremely varying prices. they usually lower the price to gain more business, therefore making more money than the others
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