In a small town of 3,000 people, the number of car washes has grown from two to five in the last two months. which result will likely occur?

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25-12-2017
Business

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In a small town of 3,000 people, the number of car washes has grown from two to five in the last two months. which result will likely occur?

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JordanBthehelper JordanBthehelper · Answer 1 · 2017-12-25T14:20:32+01:00

JordanBthehelper JordanBthehelper

25-12-2017

The simple answer I can see is a perfect/regular market structure as there is a substantial buyer to seller ratio. This is assuming that the worker or machinery at the car wash is efficient.

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