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zubka84 [21]
3 years ago
14

Give an example of how buyers and sellers keep informed

History
1 answer:
geniusboy [140]3 years ago
3 0

Answer:

A large number of buyers and sellers is necessary for perfect competition so that no one buyer or seller has the power to control the price in the market.

Explanation:

Because there are many buyers demand is high the producers know they can sell at market price. Lack of demand will not cause them to lower prices.

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