What are the characteristics of the law of supply and demand in the markets of production factors when it comes to giant corporations? I - They im...
What are the characteristics of the law of supply and demand in the markets of production factors when it comes to giant corporations?
I - They impose prices as they are large buyers or sellers of certain inputs.
II - They do not follow the law of supply and demand.
III - They do not affect the prices of the inputs they buy or sell.
a) Only I is correct.
b) Only II is correct.
c) Only III is correct.
d) I and III are correct.
I - They impose prices as they are large buyers or sellers of certain inputs.
II - They do not follow the law of supply and demand.
III - They do not affect the prices of the inputs they buy or sell.
a) Only I is correct.
b) Only II is correct.
c) Only III is correct.
d) I and III are correct.
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