Explain how the number of producers in a market varies from one
market structure to another...
80.2K
Verified Solution
Link Copied!
Question
Economics
Explain how the number of producers in a market varies from onemarket structure to another with relevant examples?
Answer & Explanation
Solved by verified expert
4.5 Ratings (614 Votes)
Ans In Perfectly competitive market there are many small sellers selling homogenous products Since all the sellers sell same product and they are too small to influence the
See Answer
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!