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SpletLarge number of buyers and sellers: In perfect competition, the buyers and sellers are large enough, that no individual can influence the price and the output of the industry. An individual customer cannot influence the price … Splet02. apr. 2024 · There are four major factors to consider when determining the bargaining power of buyers: Number of buyers relative to suppliers: If the number of buyers is small … april banbury wikipedia
Market Structure - Overview, Distinct Features, Types
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