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Type your answer in the box. price When buyers and sellers interact in a market, buyers seek to pay the possible, and sellers seek to charge the price possible. Do you know the answer? I know it Think so Unsure No idea
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Answer #1

Buyers seek to pay the Lowest Price

Sellers seek to charge the highest price

It helps to the buyers to maximize the consumer surplus and sellers to maximize the producers surplus in the market.

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answered by: ANURANJAN SARSAM
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