for sale at all possible prices that could prevail in the market Situation where quantity supplied When you have more Surplus is greater than stuff than people will buy quantity demanded at a given price Business Organizations and Market Structure What that Image Definition means Not real – many buyers and Perfect sellers, and prices competition just the ideal that reflect supply and no one company demand would ever
for sale at all possible prices that could prevail in the market Surplus Situation where quantity supplied is greater than quantity demanded at a given price When you have more stuff than people will buy Business Organizations and Market Structure Image Definition What that means Perfect competition many buyers and sellers, and prices reflect supply and demand Not real – just the ideal that no one company would ever
econ_key_terms.docx