When there is only one seller — Market Hall · Demand & Supply
On tiny Gull Island, only one shop sells school notebooks. On the mainland, five stalls sell them side by side. The two places feel very different to shop in.
Your task
Is each sentence about competition true or false?
- When only one seller exists (a monopoly), buyers have nowhere else to go. When many sellers compete, each tries to win buyers with better prices or quality.
- Invented stories to learn from. Prices and shops in them are made up, and this is not financial advice. Ask a trusted adult before buying or selling anything for real.
- Never share personal or payment details online. Nothing about you is collected.
Score
- Understanding trade — You understood how this part of trade works.
- Wise choices — You weighed your options before choosing.
- Fair play — You treated buyers and sellers fairly.
In real life
Many countries have competition rules that forbid sellers from secretly agreeing on prices, because that harms buyers. This mission keeps the idea simple.
Market Hall
Invented stories to learn from, not financial advice. Before buying or selling anything for real, ask a trusted adult. Nothing about you is collected; progress stays on this device.
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