Answered

At Westonci.ca, we provide reliable answers to your questions from a community of experts. Start exploring today! Get immediate and reliable answers to your questions from a community of experienced professionals on our platform. Get detailed and accurate answers to your questions from a dedicated community of experts on our Q&A platform.

if a seller in a competitive market chooses to charge more than the going price, then:

Sagot :

Question: If a seller in a competitive market chooses to charge more than the going price, then A other sellers would also raise their prices. ... the owners of the raw materials used in production would raise the prices for the raw materials.

Or


If a seller in a competitive market chooses to charge more than the going price, then

A. the sellers' profits must increase.
B. other sellers would also raise their prices.
C. buyers will make purchases from other sellers.
D. the owners of the raw materials used in production would raise the prices for the raw materials.


Answer will be C. buyers will make purchases from other sellers.
We hope this information was helpful. Feel free to return anytime for more answers to your questions and concerns. We appreciate your visit. Our platform is always here to offer accurate and reliable answers. Return anytime. Get the answers you need at Westonci.ca. Stay informed with our latest expert advice.