JejuSunshineSoulMate
Wed Sep 04 2024
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7 answers
1460
What is the perfect competitor a price taker not a price maker?
Excuse me, could you please elaborate on the concept of a "perfect competitor" being a "price taker" rather than a "price maker"? I'm interested in understanding how this applies in the context of markets, particularly in the realm of cryptocurrency and finance. Could you provide an example or two to illustrate this idea further? Additionally, how does this affect the pricing strategies of various market participants?
