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5 May, 08:53

A price maker Group of answer choices faces a horizontal demand curve. is a seller that searches for good employees and pays them a low wage. is a seller that searches for the best location to sell its product. is a seller that has the ability to control to some degree the price of the product it sells.

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  1. 5 May, 09:12
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    Answer: is a seller that has the ability to control to some degree the price of the product it sells.

    Explanation:

    A price maker is a firm with the ability to influence the market price of its goods or services.

    Features of a price makers

    1. They are usually monopolies

    2. They have a downward-sloping demand curve

    3 The goods they produce do not have perfect substitutes,
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