Social Sciences, asked by kelgreen654, 4 months ago

increased competition usually causes prices of goods to​

Answers

Answered by devika2271
3

Answer:

Competition determines market price because the more that toy is in demand (which is the competition among the buyers), the higher price the consumer will pay and the more money a producer stands to make.

Answered by sedara652
1

Competition determines market price because the more that toy is in demand (which is the competition among the buyers), the higher price the consumer will pay and the more money a producer stands to make.

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