Social Sciences, asked by JaatBhai007, 1 month ago

what is the effect of competition in weekly market?

Answers

Answered by Anonymous

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 samiksha6176

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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