pattiecakessu1364 pattiecakessu1364
  • 07-09-2017
  • Business
contestada

A commodity that buyers and sellers both have will increase the efficiency of the market true or false

Respuesta :

andriansp andriansp
  • 14-09-2017
That statement is false
The market could be considered as efficient is the total products that the sellers supplied in the market is suitable to what the buyers need.
If the commodity is had by both sellers and buyers, there is no need for the buyers to spend money to obtain that commodity, which will lead to market inefficiency.
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