Ask Question
Social StudiesSocial Studies
5 July, 20:38

How does competition among too few sellers affect price?

+5
Answers (1)
  1. 5 July, 21:03
    0
    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.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “How does competition among too few sellers affect price? ...” in 📗 Social Studies 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
You Might be Interested in
1. What did Captain John Smith require of colonists at Jamestown?
Answers (2)
How was itumeleng khune negatively exploited by the media?
Answers (1)
One significant advantage of survey research is that it can A. identify subject bias. B. be used on larger samples than other research methods. C. provide more in-depth information than other research methods. D. identify causes of behavior.
Answers (1)
What concept refers to anthropology's commitment to looking at the full scope of human diversity and experience, including the cultural, biological, historical, and linguistic?
Answers (1)
Paul has feminized body contours, small testes, and some verbal deficits. When he goes in for an infertility evaluation, which of the following conditions is he most likely to be diagnosed with? a. Klinefelter syndrome b. Turner syndrome c.
Answers (1)
New Questions in Social Studies
A proposed law or policy change that is placed on the ballot by citizens or interest groups for a popular vote is called a
Answers (1)
When canada sells goods in Mexico and the US without having to pay tariffs, it is benefiting from what A: natural trade barriers B: political trade barriers C: NATO D: NAFTA
Answers (1)
Early philosophers were called cosmologists because they a. studied the sky. c. usually lived in cities. b. studied the nature of the universe. d. studied the weather.
Answers (1)
The marketing manager needs to give compelling presentations about mbsc and constantly pick up on themes about what people are seeking in a strength and conditioning experience.
Answers (1)
Which major compromise was a combination of the Virginia Plan and the New Jersey Plan?
Answers (1)
Home » Social Studies » How does competition among too few sellers affect price?
Sign Up Forgot Password?