If a seller in a competitive market chooses to charge more than the going price, then a. the sellers' profits must increase.

27 июн. 2020 г. · If a seller in a competitive market chooses to charge more than the going price, then A other sellers would also raise their prices.

If a seller tries to sell above this market price, customers will simply buy the product from other sellers since they all have the same product.

If one seller chooses to charge a price higher than the going price then the buyers will move on from that seller make their purchase from the sellers.

11 янв. 2024 г. · If a seller in a competitive market chooses to charge more than the going price, then the sellers' profits must increase.

4 окт. 2024 г. · buyers will make purchases from other sellers. other sellers would also raise their prices. the sellers' profits must increase.

14 нояб. 2023 г. · In a competitive market, if a seller chooses to charge more than the going price, buyers will seek alternatives that are more cost-effective, ... Не найдено: then | Нужно включить: then

If a seller decides to charge more than the going price, buyers can easily switch to another seller who offers the product at a lower price. This is the essence ...

If a seller in a competitive market chooses to charge more than the going price, then: A. other sellers would also raise their prices.