Question

In a competitive market, the quantity of a product produced and the price of the product are determined by
a. a single seller
b. all buyers and all sellers
c. a single buyer
d. one buyer and one seller working together

Answer 1

Answer:

b. all buyers and all sellers

Explanation:

In a competitive market, the quantity of a product produced and the price of the product are determined by

Answer 2

b. all buyers and all sellers