Answer to Question #205890 in Microeconomics for Sam

Question

A small farmer is more likely to operate in a perfectly competitive market than a company like AB

inBev because...

Answer 1

A small farmer is more likely to operate in a perfectly competitive market than a company like AB

inBev because a small farmer supplies a small share of market supply.

Explanation

A small farmer has no market power and only supplies a small portion of the market supplies.