mncasey4
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There were two shoe stores in town, but you decided to open another shoe store. More sellers in the market means _____ competition.

Respuesta :

SUSHIS0
more competition. The competition to have the best shoe store. The more people, the more competition.
holesstanham

Answer: More competition.

When a market has more producers of a particular good, the competition will increase, assuming that the size of the market remains constant. This is because the same number of consumers will be divided by a larger number of producers, reducing the number of consumer each producer has access to.

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