Question

Under which condition will both consumers and sellers benefit?
A.) When demand exceeds supply
B.) When supply exceeds demand
C.) When supply equals demand
Will fan and medal

Answer 1

Which condition will both consumers and sellers benefit?

Answer 2

Monopolistic competition is a form of imperfect competition where many competing producers sell products that are differentiated from one another. The firms take the prices charged by its rival as given but ignore the impact of its own prices on the prices of other firms. This would benefit both consumers and sellers. !

Answer 3

i edited the question

Answer 4

@crazzydave

Answer 5

do you guys having any guesses