Ask a New Question

Asked by Sarah

market competition pushed a price down toward its market-clearing level. Which of the following BEST describes they type of competition that would cause lower prices

1) Competition between buyers and sellers
2) Competition among sellers
3) Competition among buyers
4) Competition between sellers and government
8 years ago

Answers

Answered by Ms. Sue
What does your text say?
8 years ago
Answered by no WAY
shut up ms. sue
6 years ago

Related Questions

A market failure is when markets do not bring about profit maximization? Price competition in the market, including price wars between competitors, typically benefits the __... Price competition in the market, including price wars between competitors, typically benefits the __... mass market single market single market closed market closed market world market world m... Market share and market penetration are two terms for the same concept. (1 point) Responses T... Market share and market penetration are two terms for the same concept. (1 point) True False Competition market Character of competition market Which market has no competition? Responses A monopolymonopoly B oligopolyoligopoly C perfect com... Competition in a market typically ______________ consumers. (1 point) Responses hurts hurts...
Ask a New Question
Archives Contact Us Privacy Policy Terms of Use