Which best explains why the law of supply operates the way it does in a free enterprise economy? companies want to produce more goods than their rivals. companies want to reward loyal consumers with low prices. companies want to hire as many workers as possible. companies want to be as profitable as possible?

Markets and competition in a perfectly competitive market, all producers sell identical goods or services. additionally, there are many buyers and sellers. because of these two characteristics, both buyers and sellers in perfectly competitive markets are pricetakers . true or false: the market for lettuce does exhibit the two primary characteristics that define perfectly competitive markets. true false