Suppose that at a local farmers' market there are a large number of vegetable sellers. Some sell zucchini, some sell broccoli, some sell brussels sprouts, and so on. This week, the zucchini sellers decide to gang together and fix the price of zucchini at a price higher than they would sell otherwise. Which of the following statements is most likely true?.

Respuesta :

The Zucchini sellers have limited market power because

consumers have many alternatives is the true statement.

What are Alternatives?

This is referred to as an option in relation to main substances

or products. Every product has alternatives as a result of

different companies manufacturing the same goods and some

of them performing similar functions.

If the Zucchini decides to gang together and fix the price of

Zucchini at a price higher than normal, then their power is

limited as a result of many consumers have many alternatives.

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