Question

Why producers sometimes they cannot determine their price​

Answer 1

Producers won't always be able to sell their products at higher prices, because of quantity-demanded. ... Consumers will always want to buy more products for less money, but producers will always want to sell more products for more money.

Answer 2

Sometimes producers are not able to determine their own price due to the high number of producers in the market.

Why can't producers determine their prices sometimes?

When a market has a lot of producers making the same goods and services, they will not have much say in their prices.

This is because were they to charge a higher price than their competitors are charging, people would simply buy from their competitors instead of them. They therefore rely on a price that would allow them to remain competitive.

Find out more on setting prices at https://brainly.com/question/3522474.