markitect-main/examples/infospace-with-history/output/entities/competition-among-dealers.md

22 lines
584 B
Markdown
Raw Normal View History

<!-- generated: provider=openrouter model=arcee-ai/trinity-large-preview:free date=2026-02-19 source=book-1-chapter-07 -->
# Competition Among Dealers
## Definition
The rivalry between different sellers that obliges them to accept the market price but does not oblige them to accept less, helping to regulate prices toward natural levels.
## Source Chapter
Book I, Chapter 7
## Context
Identified as the force that "obliges them all to accept of this price, but does not oblige them to accept of less" when market price equals natural price.
## Economic Domain
Exchange
---