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A-Level Theme 1 Revision: Combined Weeks 7-9 Flashcards | StudBud
A-Level Theme 1 Revision: Combined Weeks 7-9
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Why do businesses have little control over the price of their products in competitive markets?
A
Regulators stop businesses from overcharging
B
By charging more than market price they lose out on sales
C
They cannot charge more due to law restrictions
D
manufactures of the products decide the set prices for them
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