Ask Question
31 October, 19:28

A commodity that buyers and sellers both have will increase the efficiency of the market true or false

+1
Answers (1)
  1. 31 October, 19:32
    0
    That statement is false

    The market could be considered as efficient is the total products that the sellers supplied in the market is suitable to what the buyers need.

    If the commodity is had by both sellers and buyers, there is no need for the buyers to spend money to obtain that commodity, which will lead to market inefficiency.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “A commodity that buyers and sellers both have will increase the efficiency of the market true or false ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers