in what ways is competition in the market beneficial to common people explain
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Answer:
Common people get more benefits and less price. sellers want to build up their customers so they sell the goods at low prices from the other sellers and hence people get benefit
Explanation:
If a seller is selling a good for Rs 20 and the other seller is selling it for Rs 15 then the people will buy from the seller which is selling for Rs 15. So the competition of sellers benefited the buyers in this way
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