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Question Practice

What is the impact of having many buyers and sellers in a market?

Attempt the question, check the explanation, and continue with similar questions to build confidence before exams.

MCQ_SA
CBSE
Class 7
Social Science
Exploring Society India and Be...
Understanding Markets
Question Bank

What is the impact of having m...

Single Answer MCQ
Q-00130538

What is the impact of having many buyers and sellers in a market?

1

Prices remain stable.

2

Conflicts between buyers arise.

3

Prices fluctuate based on supply and demand.

4

Sellers have to reduce quality.

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