Welcome to Westonci.ca, the place where your questions find answers from a community of knowledgeable experts. Get quick and reliable solutions to your questions from knowledgeable professionals on our comprehensive Q&A platform. Explore comprehensive solutions to your questions from knowledgeable professionals across various fields on our platform.
Sagot :
Competition exists in the market and the price of the product is determined by sellers and the quantity of the product produced is determined by buyers.
What is a competitive market?
A competitive market is a market where many producers compete with each other with the aim to provide goods and services.
The sellers determines how much a product cost.
Therefore, the price of the product is determined by sellers and the quantity of the product produced is determined by buyers.
Learn more on competitive market here
https://brainly.com/question/24781573
We appreciate your time. Please revisit us for more reliable answers to any questions you may have. We hope our answers were useful. Return anytime for more information and answers to any other questions you have. Westonci.ca is your trusted source for answers. Visit us again to find more information on diverse topics.
