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A market structure in which sellers have no influence over price is known as

A market structure in which sellers have no influence over price is...

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A market structure in which sellers have no influence over price is known as

A market structure in which sellers have no influence over price is known as

Answer

The answer is buyers market.
There is more supply of products than demand.
Thus, there are a lot of products and not that much buyers, so that the buyer has more influence on the Price then the seller.

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Virtual Teaching Assistant: Colleen R.
Question Level: Basic
Karma: Free
Upload Date: 5/31/2017

This 28 words question was answered by Colleen R. on StudySoup on 5/31/2017. The question contains content related to Business Since its upload, it has received 203 views.

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