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Anestetic [448]
3 years ago
5

As a market moves from a single seller to a competitive one, a product's price _____.

Geography
2 answers:
Advocard [28]3 years ago
4 0

Price is dependent upon the characteristics of both demand and supply. An equilibrium price is a balance of demand and supply factors.  Changes in the equilibrium price occur when either demand or supply, or both, shift or move. In this scenario, as a market moves from a single seller to a competitive one, a product's price decreases. The greater the competition the lower the price of the product, because each company wants to attract customers and lower price is the most influential factor.

Nikitich [7]3 years ago
3 0
The product's price decreases.

I hope that helps! 
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A. prevent inflation and control the price of goods in the country

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7 0
4 years ago
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andreyandreev [35.5K]

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<u>Explanation:</u>

Every country have its own language. In Germany people speak German language, in China they speak Chinese and so on.

But what happens when people from two different countries interact who speak two different languages which are unknown for both of them? In such cases new languages are being created. There’s also a name for such cases, it is called creole.

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4 0
3 years ago
Read 2 more answers
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