203 Views
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.
To see more answers head over to College Study Guides
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.