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Harman [31]
3 years ago
10

How does competition among too few sellers affect price?

Social Studies
1 answer:
Cerrena [4.2K]3 years ago
4 0
When there are not many sellers of a item the price of the item goes up because not many people have that item or sell it and the fewer the people that sell that item the more money the people make that have it and it makes it harder to get.
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Hence, it is worth noting that while murder is widely condemned, there are some people like Aristotle who are against capital punishment as he believes that is not morally permissible.

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