How does competition among too few sellers affect price?

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25-05-2017
Social Studies

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How does competition among too few sellers affect price?

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armangunes armangunes · Answer 1 · 2017-05-25T14:05:33+02:00

armangunes armangunes

25-05-2017

When there are not many sellers of a item the price of the item goes up because not many people have that item or sell it and the fewer the people that sell that item the more money the people make that have it and it makes it harder to get.

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