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If a beach is wide, gently sloping with fine sands, we would expect to see:
Buyers
Individuals or entities that purchase goods or services for personal use or for resale.
Sellers
Individuals or entities that offer goods or services for sale in a market.
Competitive Market
A market structure characterized by many buyers and sellers, free entry and exit, and products that are similar enough to be considered substitutes.
Monopsony
A market condition in which there is only one buyer, giving that buyer considerable control over the price of goods and services.
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