what is the effect of competition in weekly market?
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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
1
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.
Explanation:
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