Customers have more power when a product is sold in the open market
What is an open market?
An open market can be defined as the market were the price of goods and service is determine by the market competition which in turn means that price of goods and service are not determine or control by the government.
In this type of market customers have more power because they have to power to do and undo when it comes to market price or the price they want to buy their product.
Therefore Customers have more power when a product is sold in the open market
Learn more about open market here:https://brainly.com/question/14256204
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