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In a competitive market, the actions of any single buyer or seller will: a)Affect marginal revenue and average revenue but not price. b)Adversely affect the profitability of more than one firm in the

In a competitive market, the actions of any single buyer or seller will: 
a)Affect marginal revenue and average revenue but not price.
b)Adversely affect the profitability of more than one firm in the market.
c)Have little effect on market equilibrium but will affect market equilibrium price. 
d)Have a negligible impact on the market price.

Apr 19 2021 View more View Less

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