Competitive price-searcher markets are common in

A) retail selling.
B) farming.
C) basic manufacturing.
D) electric power generation.

Competitive Price-searcher

A market condition where firms have some control over pricing because their products are differentiated, but they must still consider competitors' prices in their pricing strategy.

Retail Selling

The process of selling goods or services directly to consumers through various channels, such as stores, online platforms, or by phone.

Product Differentiation

The practice of distinguishing a product or service from others, to make it more attractive to a particular target market.