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A Competitive Market Is a Market That Has __ so __ Can Influence the Price. A. One Buyer and Many Sellers; No Seller B. Many Buyers and

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A competitive market is a market that has __ so __ can influence the price. A. one buyer and many sellers; no seller B. many buyers and one seller; no buyer C. many buyers and sellers; both buyers and sellers D. many buyers and sellers; no single buyer or seller Which of the following is an example of money price? A. Megan earns 15 an hour at her job B. Joe paid 15 to buy a pizza box from McDonald's C. Jim wants to buy a stereo player. D. The price of cashew has gone up by 4 percent If the money price of a cup of coffee is 1 a cup and the money price of gum is 50 cents per pack, then the relative price of coffee in terms of gum is __ A. 50 cents per pack B. 1/2 cup per pack C. 1 per cup D. 2 packs per cup

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competitive market is a market that has many buyers and sellers; no single buyer or seller can influence the price.An example of money price is Joe paid 15 \ a cup and the money price of gum is 50 cents per pack, then the relative price of coffee in terms of gum is 2 packs per cup.