BOOKcampereachmae
BOOKcampereachmae BOOKcampereachmae
  • 18-10-2015
  • Social Studies
contestada

How does an increased number of producers affect the prices of goods in a market?

Respuesta :

WorldCitizen WorldCitizen
  • 29-10-2015
if there are many producers, they will compete with each other, and they will try to attrack the buyers with a lower price.

Also there will be a bigger supply for the same demand and again, this would make the prize sink!
Answer Link

Otras preguntas

Starvation is due to a lack of food in the world. (Points : 2) True False
Which of these statements accurately describes the difference between the classical and postclassical periods?
wtite and balence the equation for formation of so3 from so2 and oxygen gases
In a bin containing 500 marbles, 180 are red, 240 are blue, and 80 are green. In a bowl of 25 marbles scooped from this bin, how many would be expected to be
Marissa rode her bike to the park and back home. She lives 2 and 3/10 miles from the park. How many miles did Marissa ride her bike in all?
What is biodiversity an indicator of? A. ecosystem health B. ecosystem growth C. ecosystem decline D. ecosystem location
The cost in dollars to print n books is 500 + 10n. How many books are printed for a cost of $15 000? Guys help me SOS
One way in which Simon Bolivar and Ho Chi Minh are similar is that they
What was the Japanese name for the are of China that Japan concord was?
Martin Luther's break with the Church and the movement it inspired is known as the ___