Only answer if you are 100% sure 23. Which of the following is a primarydifferen

Question

Only answer if you are 100% sure 23.   Which of the following is a primarydifference between price searchers and price takers? A.   Price searchers maximize profits, butprice takers do not. B.   Price searchers have to cut theirprice to sell additional output, but price takers do not. C.   The market demand for goods producedby price searchers is downward sloping, while the market demand forgoods produced by price takers is horizontal. D.   Profit-maximizing price searchers willexpand output to the quantity where marginal revenue equalsmarginal cost, but price takers will not Only answer if you are 100% sure 23.   Which of the following is a primarydifference between price searchers and price takers? 23.   Which of the following is a primarydifference between price searchers and price takers?

Explanation / Answer

Price setters are those companies thatdictate the price its customers pay for goods and services.

Price searchersmaximize profits, but price takers do not.

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