(Answered) For each of the following is the business a price-taking

Economics

For each of the following, is the business a price-taking producer? Explain your answers.

a. A cappuccino café in a university town where there are dozens of very similar cappuccino cafés

b. The makers of Pepsi-Cola

c. One of many sellers of zucchini at a local farmers’ market

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Microeconomics, Economics

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