In a perfectly competitive dairy market, the price of milk is determined by market forces. Similarly, in a perfectly competitive wheat market, the price of wheat is determined by market forces. A:B :: C:? What is the relationship of C in this analogy?

In a perfectly competitive market, both the dairy and wheat markets operate under similar principles where prices are set by supply and demand. Just as the price of milk is determined by how much consumers want to buy and how much farmers are willing to sell, the price of wheat follows the same rules. Therefore, if we consider "A" as the dairy market and "B" as the price of milk, then "C" would represent the wheat market, and we can conclude that the relationship of "C" is the price of wheat. This means that just like the dairy market, the price of wheat is also influenced by the forces of supply and demand. For example, if a drought reduces the wheat supply, the price of wheat would likely increase, just as a shortage of milk might raise milk prices.