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Suppose that more shoe stores open up in town. This increases the number of sellers in the shoe market and _____ competition.

increases
decreases
does not change

User SBylemans
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1 Answer

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The increase of shoe sellers in the market from the town would result in an increase in competition. In addition, these would provide a lot of choices among consumers on what good they will likely buy. So to have an edge compared to other sellers, some do marketing strategies like advertising.
User Ovolko
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