In a competitive market,every consumer willing to pay the market price can buy a product and every producer willing to sell the product at that price can sell it.

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Lomia Watkins · Accepted Answer

Final Answer : True, Explanation :  In a competitive market, the market price is determined by the intersection of supply and demand. At this price, every consumer who wants to buy the product can do so and every producer who wants to sell it can do so. This assumes that there are no barriers to entry or exit in the market and that buyers and sellers have perfect information about the product and its price.

In a competitive market,every consumer willing to pay the market price can buy a product and every producer willing to sell the product at that price can sell it.

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