Business, 14.06.2021 20:30 lilwon9933

For a market to be competitive:. a. each buyer and seller is small, relative to the whole market; no single decision maker has any influence over the market price.
b. the price must be a fair price.
c. sellers should have substantial pricing power.
d. all you need are many buyers and many sellers

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For a market to be competitive:. a. each buyer and seller is small, relative to the whole market; n...

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