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Aleks [24]
3 years ago
7

How does an increased number of producers affect the prices of goods in a market?

Social Studies
1 answer:
yawa3891 [41]3 years ago
7 0
If there are many producers, they will compete with each other, and they will try to attrack the buyers with a lower price.

Also there will be a bigger supply for the same demand and again, this would make the prize sink!
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