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In a Competitive Market, There Are So Few Buyers and So

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In a competitive market, there are so few buyers and so few sellers that each has a significant impact on the market price.


Definitions:

Injury

Harm or damage inflicted on a person's body, property, rights, or reputation.

Diversity of Citizenship

A legal principle allowing federal courts in the United States to hear cases involving parties from different states or countries.

Federal Court

A court established by the government of a country that deals with issues that concern the constitution or national laws.

Discernible Meaning

Able to be understood or perceived clearly; having a recognizable or understandable significance.

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