What is the effect of the interaction of buyers and sellers on a market?

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Abhilash asked Apr 9, 2022

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What is the effect of the interaction of buyers and sellers on a market?

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Abhilash asked Apr 9, 2022

by Abhilash

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Answer:

The effect of the interaction of buyers and sellers on a market is Pricing or negotiation

Otto answered Apr 11, 2022

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Answer:

The interaction of buyers and sellers in the market helps to determine the market price, thereby allocating scarce goods and services efficiently.

Burak Day answered Apr 13, 2022

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