Studies of real world markets suggest that prices and the number of firms of comparable size in a market are

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In real world markets, prices and the number of firms of comparable size are usually inversely or negatively related. This is because when there are more firms in a market, competition increases, leading to a decrease in prices. On the other hand, when there are fewer firms, the competition is low, and prices tend to be higher.

Studies of Real World Markets Suggest That Prices and the Number