What happens in a free and open market?

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24-10-2019
Business

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What happens in a free and open market?

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dyonspruill10 dyonspruill10 · Answer 1 · 2019-10-24T18:24:08+02:00

Answer:In fact in today's world there is no “true Free Market” in existence. ... The Open Market is a Market in which prices are determined by the forces of supply and demand, without government regulations or restrictions. It is “open to all Producers on equal terms” and restricted to the participation of Producers only

Explanation:In fact in today's world there is no “true Free Market” in existence. ... The Open Market is a Market in which prices are determined by the forces of supply and demand, without government regulations or restrictions. It is “open to all Producers on equal terms” and restricted to the participation of Producers only