If the number of sellers in a market increases the
As the Number of Sellers Increases, the Supply of the commodity Increases. As Supply Increases, and demand remains constant, Prices Decrease.
supply increases
Oligopoly is a market with small number of buyers and sellers.
Monopolistic competition
number of sellers
As the Number of Sellers Increases, the Supply of the commodity Increases. As Supply Increases, and demand remains constant, Prices Decrease.
perferct competition are a large number of buyers and sellers.
supply increases
Oligopoly is a market with small number of buyers and sellers.
Monopolistic competition
number of sellers
it is being determined that, in a market economy, if buyers and sellers meet it will do effect in prices. for example: if the number of buyers increases the price also increases. so sellers will produce more goods and services. in the same manner, if the number of buyers will declined the price will go down so sellers now will produce in constant.
cost of labor a change in the demand for the product the number of sellers offering the product
less viscous.
Greedy kings and volcanoes
The prices went up and some people started to worry that these prices were too high
there are four factors that determines the market structure of a particular industry they are: number of buyers and sellers information and mobility the nature of product. entry and exit of a firm from market.