Mdaulton6741 Mdaulton6741

09-07-2021
Business

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In a market, buyers want to pay the _ possible price and sellers want to charge the _ possible price.

Respuesta :

Priatouri Priatouri

12-07-2021

Answer:

Lower; Higher

Explanation:

Lower; Higher

A consumer always wants to pay a lower price for the commodity in order to increase the consumer surplus. While the producer can increase their profit by charging higher prices. Therefore, the producer will try to charge a higher possible price.

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