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Microeconomics > The Market Forces Of Supply And Demand > Flashcards

The Market Forces Of Supply And Demand Flashcards

1
Q

Market

A

A group of buyers and sellers of a particular good or service

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2
Q

Competitive market

A

A market in which there are many buyers and many sellers so that each has a negligible impact on the market price

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Microeconomics (5 decks)

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