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Competition means that: 1. sellers can manipulate market price by causing product scarcities. 2. there are independently acting buyers and sellers in each market. 3. a product can be purchased at a

Competition means that:

1. sellers can manipulate market price by causing product scarcities.

2. there are independently acting buyers and sellers in each market.

3. a product can be purchased at a number of different prices.

4. there is more than one seller in a mrket

Apr 16 2021 View more View Less

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