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Non-determinates Prices Of Sup
Essay specific features
Written by:
Mildred M
Date added:
April 4, 2015
Level:
University
Grade:
A
No of pages / words:
3 / 819
Was viewed:
3270 times
Rating of current essay:
Essay content:
When considering the price of a product, if there are more sellers then there will be more competition; therefore, the price will be at a low cost for the buyers. The sellers will not make a large profit. Moreover, when there is a small amount of sellers then the price can be higher for the buyers. This means the sellers will make a larger amount of profit...
displayed 300 characters
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This means the sellers will make a larger amount of profit. For example; there are more sellers for a Toyota Carmry, then there are for Dodge Vipers.
This world has experienced a huge technological advancement. Our knowledge in inventing new technologies has allowed us to become more efficient in the production of products...
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