Number of Sellers / Producers
Definition
The number of sellers or producers refers to the total count of individuals or businesses that are offering a particular good or service in the market.
Related terms
Market Structure: Refers to how competitive a market is based on factors such as the number and size of firms operating in it.
Supply Curve: Represents the relationship between price and quantity supplied by producers in a given market.
Entry Barriers: Obstacles that make it difficult for new firms to enter an industry, such as high startup costs or government regulations.
"Number of Sellers / Producers" appears in:
Study guides (1)
AP Microeconomics - 2.2 Supply
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Cram Mode
AP Score Calculators
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AP® and SAT® are trademarks registered by the College Board, which is not affiliated with, and does not endorse this website.