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In perfect competition, what determines the market price of products?a)The buyers' willingness to pay.b)The sellers' production costs.c)The industry's demand and supply forces.d)Government intervention.Correct answer is option 'C'. Can you explain this answer? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about In perfect competition, what determines the market price of products?a)The buyers' willingness to pay.b)The sellers' production costs.c)The industry's demand and supply forces.d)Government intervention.Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for In perfect competition, what determines the market price of products?a)The buyers' willingness to pay.b)The sellers' production costs.c)The industry's demand and supply forces.d)Government intervention.Correct answer is option 'C'. Can you explain this answer?.

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