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

Economics Today and Tomorrow, Student Edition

1st Edition

ISBN:9780078747663

Author:McGraw-Hill

Publisher:McGraw-Hill

Chapter3: Your Role As A Consumer

Section: Chapter Questions

Problem 5AA

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Question

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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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