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Q. |
Market power is defined as |
A. | the ability of a firm to charge any price it wants |
B. | produce and sell as large a quantity as possible at high prices |
C. | the ability of a seller or buyer to affect the market price of a good or service |
D. | sell large a quantity at high prices |
Answer» C. the ability of a seller or buyer to affect the market price of a good or service |
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