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Paha777 [63]
3 years ago
9

What happens to prices in when there is a free competitive market?

History
1 answer:
Nezavi [6.7K]3 years ago
5 0

Answer:

Competition among sellers lowers costs and prices, and encourages producers to produce more of what consumers are willing and able to buy. Competition among buyers increases prices and allocates goods and services to those people who are willing and able to pay the most for them.

Explanation:

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