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Under perfect competition, Industry is the price-maker and firm is the price -taker. Explain.or How is seller (firm) under perfect competition a price- taker?or Why is a firm under perfect competition a price-taker and
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![In perfect competition, industry is the price maker and firm is the price taker.\" Discuss.](https://haygot.s3.amazonaws.com/questions/2147956_2026636_ans_21f97f05b6554543a0a3e51cff674f96.jpeg "In perfect competition, industry is the price maker and firm is the price taker.\\" Discuss.")
In perfect competition, industry is the price maker and firm is the price taker.\" Discuss.
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