Register
In a competitive market, the quantity of a product produced and the price of the product are determined by a. a single seller b. all buyers and all sellers c. a single buyer d. one buyer and one seller
37.6k views
12 votes
In a competitive market, the quantity of a product produced and the price of the product are determined by

a. a single seller
b. all buyers and all sellers
c. a single buyer
d. one buyer and one seller working together

User Escualo
by
7.4k points

2 Answers

9 votes
b. all buyers and all sellers
User Abhishek Shrivastava
by
7.7k points
10 votes

Answer:

b. all buyers and all sellers

Step-by-step explanation:

In a competitive market, the quantity of a product produced and the price of the product are determined by

User Ilia Khokhriakov
by
8.4k points
← Prev Question Next Question →

Related questions

Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.5m questions

12.2m answers

Other Questions

Who was Adam Smith ? Anybody?
What can turn igneous rock into sediment?
In what way did the GI Bill contribute to the growth of professional and white-collar jobs ? A.by providing US laborers with new job-training programs B.by giving US veterans assistance to purchase a new
What is meant by data mining ?
You sell popcorn during your schools football games. Knowing that the people usually buy more when the price is lower, how would you price your popcorn after halftime?
Link Copied!