22 lines
563 B
Markdown
22 lines
563 B
Markdown
<!-- generated: provider=openrouter model=arcee-ai/trinity-large-preview:free date=2026-02-19 source=book-1-chapter-07 -->
|
|
|
|
# Competition Among Sellers
|
|
|
|
## Definition
|
|
|
|
The rivalry between suppliers when quantity exceeds effectual demand, causing market prices to fall below natural prices as sellers compete to dispose of excess inventory.
|
|
|
|
## Source Chapter
|
|
|
|
Book I, Chapter 7
|
|
|
|
## Context
|
|
|
|
Identified as the force that "increases more or less the competition of the sellers" when supply exceeds demand, reducing market prices.
|
|
|
|
## Economic Domain
|
|
|
|
Exchange
|
|
|
|
---
|