Budget $10-30 USD
What is the difference between a price taker and a price setter? Which do you think a firm would prefer to be? Why? How does monopoly differ from perfect competition?
It is mandatory that you use proper economic language or concepts such as “demand”, “supply”, “elasticity”, etc. on you posting. Additional research is required and strongly encouraged. Make sure to cite the source of your research using APA format and list it at the end of your posting. Using graphs and charts is strongly encouraged.
Atleast 4 sentences plus reference
I need it in 12 hours
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