|
Title: When there are large numbers of buyers and sellers, then Post by: jacksonfive09 on Mar 3, 2019 When there are large numbers of buyers and sellers, then
• firms will move labor and capital in pursuit of profit-making opportunities to whatever business venture gives them the highest return on their investment. • the products sold must look identical. • consumers are able to find out about lower prices charged by other firms. • no one buyer or seller has any influence on price. Title: When there are large numbers of buyers and sellers, then Post by: Cass Stein on Mar 3, 2019 no one buyer or seller has any influence on price.
|