Prıncıples Of Marketıng Deneme Sınavı Sorusu #801609

In a situation which there is pure competition, companies can not affect the market price by themselves.

When considering above statement, what could be the main reason behind it?


Market Structure

Economic Factors

Distribution Channels

Legal Regulations

Societal concerns


Yanıt Açıklaması:

The market structure affects price decisions. For example, under pure competition, no single seller can affect the market price. On the other hand, a seller can set the price it wants under pure monopoly because there is only one seller in the market

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