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If buyers compete against sellers, then

Sublight2097

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9 years ago

If buyers compete against sellers, then

If buyers compete against sellers, then
A) buyers would be worse off as more sellers enter the market.
B) buyers would be better off with fewer sellers in the market.
C) sellers would be worse off with more buyers for their products.
D) sellers would be better off with fewer buyers of their products.
E) all the above are true.

Textbook

The Economic Way of Thinking

Edition: 13^th

Authors: Heyne, Boettke, Prychitko

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Sydnie

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#1

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Sublight2097 Author

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#2

9 years ago

My mind was going in all different directions trying to figure this one out. Thanks so much.

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